Morningstar, a popular publication from the renowned Chicago investment firm of the same name, recently culled together a list of “50 must-know statistics” from the world of long-term care.(For those who can’t access the latest data, you can find last year’s statistics, which chart similar numbers, in Morningstar’s archive.) Together, they paint a picture of… Read More »
Posts Categorized: Long-Term Care Planning
Forbes: Most Americans Don’t Understand Long-Term Care Realities
Forbes reports on a new study that shows that most Americans don’t know much about long-term care insurance and are simply ignoring the realities of what long-term care will cost them should they ever need it. View image | gettyimages.com “A newly-released survey shows just how conflicted Americans are about long-term care insurance,” Forbes says…. Read More »
Seniors’ Advice Needs Are Changing: Less Recreation, More Care
We recently came across an interesting article written specifically for financial advisors. It’s an industry article that encourages those professionals to brace themselves for a major change in their trade. Investment News magazine reports that most of the advisors they talk to are primarily interested in the IRA rollover market these days. Their clients are… Read More »
Applying For Medicaid Can Be Tough
Medicaid is an essential part of healthcare and life planning for America’s elderly, but getting signed up is vastly more complicated than most first-timers anticipate. That’s true whether you’re applying for yourself or for an aging parent. View image | gettyimages.com Of course, those who’ve dealt with government applications in the past are probably unsurprised… Read More »
Death by Old Age: Doctors Say “Huh?”
How many times have you heard someone say that they’d prefer to simply die of old age? Of all the ways to die, “old age” sounds the most peaceful, and there is a quiet kind of dignity about it. But medically, that diagnosis doesn’t have any real meaning. In a new Business Insider report, doctors… Read More »