financial planning GIlbert Arizona

Long-Term Care Choices

A look at three other Long-Term Care (LTC) coverage options Traditional long-term care insurance has grown costlier—and some of those who buy it may never need the coverage. Are potentially cheaper, flexible options available? Yes. 1 Hybrid life insurance policies with LTC riders. These life insurance policies have LTC coverage options available for a fee that you can use if needed, …

Long Term Care Insurance: The Real Cost of Aging

There is a good possibility that you or your spouse will eventually require some form of long-term care. According to the U.S. Department of Health and Human Services, about 70% of people aged 65 or older will enter a nursing home for some period of time during their lifetimes.1 Whether you or your spouse will be among this group is …