Long-term care insurance serves as a vital tool in preserving assets for future goals and determining the level of care one desires when facing long-term care needs. However, the landscape of LTC insurance has shifted, with premium increases causing concern among retirees and sparking debates on whether to retain these policies. Read More
In today’s rapidly aging society, the topic of long-term care is more relevant than ever. This care is often necessary for those who can no longer independently perform everyday activities due to a chronic illness, disability, or cognitive impairment. While most people hope they never have to face these circumstances, it’s wise to prepare in advance. Here are three benefits of having long-term care preparations: Read More
Here’s how to analyze whether you really need long-term care (plus an inventive way to pay for it). Read More
In some cases you may be actually better off financially to have a spouse die than to go into a nursing home. Here is a case that I continue to see over and over again. Read More
If you have a long-term care policy and have received a letter about an upcoming premium increase, here is what to do. Read More
by Richard E. Reyes, CFP
by Richard E. Reyes, CFP
You CANNOT afford not to have a plan for long-term care. Here is some realistic answers to common misconceptions people think about. Read More
by Richard E. Reyes, CFP
One of the most important components of proper retirement planning is figuring out how to pay for long-term care. This is often misunderstood and we often have pre-conceived ideas that turn out to be catastrophic. Read More
by Richard E. Reyes, CFP
If you have a long-term care policy and have recently received a premium increase notice, here are a few options you can take a look at in order to reduce your premium to a level you are more comfortable with in order to maintain this valuable coverage. Read More
