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 ...

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 ...

Few people want to talk about the end of their life, but it’s an issue that many of us will have to manage. The average American lives seven years longer today than 60 years ago. However, the ...

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 ...

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 ...

Learn about Medicaid's long-term care coverage, including the definition, eligibility requirements, and the services covered ...

Planning for retirement isn't just about how much you've saved. It's also about how you'll handle the expenses you can't fully predict. And, one of the biggest unknowns for older Americans today is ...

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 ...

What constitutes formal paid long-term care? LTC encompasses a range of services and supports to help older individuals meet their personal care needs. Individuals may receive LTC at home, in a ...

Welcome to Ask Lacey, an advice column in which accredited financial counselor and MilMo founder Lacey Langford answers your pressing financial questions. Have a question for Lacey? Submit it here. Q.