Long-term care services in the U.S. cost an average of $60,000 to $100,000 a year. Long-term care insurance can help you cover LTC costs without depleting your savings. The best time to buy LTC ...

What constitutes formal paid long-term care? LTC encompasses a range of services and supports to help older individuals meet their personal care needs. Individuals may receive LTC at home, in a ...

Cognitively impaired individuals are more likely to allow a long-term-care insurance policy to lapse even though they're more likely to need long-term care in the future, according to a new study ...

California’s insurance commissioner, Ricardo Lara, has put long-term care insurers and agents on notice for spreading misleading marketing materials and emails that falsely warn consumers the state is ...

Forbes contributors publish independent expert analyses and insights. Bob Carlson researches all facets of retirement finances. Long-term care (LTC) and insurance for it (LTCI) are two of the most ...

Washington state’s new, long-term care insurance program gives residents a lifetime benefit of $36,500, which can pay for approximately 81 days in a nursing home. The benefit is a first-in-the-nation ...

A.M. Best Company, Inc. Prudential Financial Inc. is the latest of several big-name U.S. life insurers to announce it's stopping sales of long-term care insurance to individuals. Prudential Group ...

Welcome to Ask Lacey, an advice column in which accredited financial counselor and MilMo founder Lacey Langford answers your pressing financial questions. Have a question for Lacey? Submit it here. Q.