A long-term care rider gives you access to your life insurance payout while you’re still alive to help pay for long-term care ...

A comprehensive guide to long-term care insurance costs, coverage options and whether it’s right for you.

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 ...

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’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 - a product that's designed to help cover the cost of services like nursing homes and home health aides - is typically best purchased when you're young and your potential need ...

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 ...

When you imagine your retirement journey, you likely picture trips to the beach, leisurely days with the grandkids and lots of time for hobbies. A lengthy stay in a nursing home probably isn’t part of ...

Adriana Falcón Trafford took out a long-term care insurance policy in 2001. When she signed up for the plan, the annual premium was $2,608. Now, it’s close to $7,000. Credit: Shahrzad Rasekh / CT ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. One common option is known as a long-term care insurance reimbursement ...

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 ...

As millions of people approach their pre-retirement years, life insurance as an income replacement hedge may become less of a necessity. Many families have paid off/down mortgages, built sizeable nest ...