“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 ...

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 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 ...

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 ...

Most Americans think Medicare covers long-term care, the regimen of daily help that many seniors will eventually require. It does not. That basic misunderstanding has retirement experts worried. It ...

About 1 in 7 Americans will spend at least $100,000 out of pocket for long-term care. Health insurance generally doesn't cover long-term care services, and Medicare doesn't cover most expenses. Not ...

Vikki Velasquez is a researcher and writer who has managed, coordinated, and directed various community and nonprofit organizations. She has conducted in-depth research on social and economic issues ...

Stand-alone long-term care insurance policies have been waning in popularity, owing to a combination of skyrocketing premiums and difficult claims experiences by consumers. In their place, so-called ...

Life insurance and long-term care benefits are generally income tax free for beneficiaries. Premiums for these insurances are typically not tax deductible, except possibly at the state level. No major ...