Long-term care insurance can help pay for care needs, but it’s important to be aware of the elimination period and inflation ...

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 ...

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.

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’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 ...

Why we chose it: We chose New York Life as the best long-term care insurance company for financial stability because it has ...

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 ...

Forbes contributors publish independent expert analyses and insights. Steve Vernon, FSA, helps retirees make their money last for life. “Should I buy long-term care insurance?” I’m often asked this ...

As you age, your need for assistance, whether it be at home or in a nursing home or assisted living facility, increases. Given the prevalence of long-term care services being required, it's no ...

Medicare doesn’t cover nonmedical long-term care. This is why purchasing a policy to help with a long-term need becomes ...

Many older adults have concluded that they’re better off covering long-term care expenses out of their own pockets if they end up needing it. Years of rising premiums on long-term care insurance, ...

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 ...