“We’ve been paying into long-term-care insurance since we were in our mid-50s,” said a friend, now in her late 60s. “But with all of the premium increases, we might have been better off just investing ...

Deciding between a stand-alone or hybrid long-term care policy can be confusing. We asked ChatGPT for advice, then had a licensed long-term care insurance specialist review its answer line by line.

Long-term care insurance can ensure you have the help you need for day-to-day living. There are three main types of long-term care insurance, and which one is best for you will depend on your ...

We independently evaluate all of our recommendations. If you click on links we provide, we may receive compensation. Myles is a former senior insurance editor for Investopedia. He oversaw the strategy ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. And, as the population ages, the price of long-term care won't be the ...

Most people will need some form of long-term care as they age. Planning for that care is one of the biggest challenges older Americans face. Enter long-term care insurance, which helps cover the costs ...

Planning for retirement isn't just about how much you've saved. It's also about how you'll handle the expenses you can't fully predict. And, one of the biggest unknowns for older Americans today is ...

As more and more of the 70 million baby boomers require long-term care, the dearth of insurance providers and the shrinking number of care workers are shaping up to create a major challenge, says ...

Forbes contributors publish independent expert analyses and insights. I cover tax, budget and retirement policy from Washington Three things are true about long-term care, though many Americans don’t ...

The duration and level of long-term care a person may need varies widely and often changes over time, according to the Administration for Community Living (ACL). On average, someone turning 65 in 2020 ...