The recent COVID-19 virus crisis shows us the many challenges of long-term care and caregiving. Many existed prior to this crisis. Advance planning, including LTC Insurance, makes future long-term care easier and affordable.
It happened fast. An unexpected event caused panic in the markets. The virus crisis changed how we live and work, as least for the time being. This loss of independence is similar to the fear many older people feel as they age.
In an uncertain world, the value of affordable Long-Term Care Insurance has never been greater. Guaranteed tax-free benefits will safeguard savings and income and reduce family stress no matter what crisis is occurring.
Assisted living is often an outstanding choice to provide long-term care for a loved one while maintaining a level of independence. Key tips make it easier for everyone. LTC Insurance can pay for the cost of care.
The average age of a person purchasing Long-Term Care Insurance continues to drop. Low premiums and better health leads to even lower premiums. If you wait you face the inability to obtain coverage or much higher premiums.
Yes, there are things you can do today, no matter your age, to help you live a longer life. You should take action on these items but don’t fail to consider the impact of aging on your family and finances.
We often ignore the concerns of longevity and retirement. When you are older your options diminish. Planning for retirement should be a priority at any age. Saving and protecting those savings especially from long-term care is critical.
Long-Term Care Insurance has many tax benefits that help American families plan for the financial costs and burdens of aging. The IRS has released the 2020 deduction limits for individuals and business owners.
With November being National Long-Term Care Awareness Month a family discussion of how to address the financial costs and burdens of aging is essential before you retire. One affordable solution is LTC Insurance.
www.ltcnews.com has been redesigned to provide more tools and resources to help American families plan for the financial costs and burdens of aging. Planning for long-term care is an essential part of retirement planning.
The campaign for President is in full swing. One of the big issues is health care, but this time around many candidates are talking about long-term care. Proposals include free care to additional tax incentives for Long-Term Care Insurance.
Health can change even for a reality TV star Kim Kardashian. The impact of changing health can dramatically impact family and finances unless you have an advance plan. Often this includes affordable Long-Term Care Insurance.
A study shows Long-Term Care Insurance premiums can vary as much as 100% or more from one company to another. As you plan for the financial costs and burdens of aging before you retire be sure to shop for the most affordable coverage.
Be cautious of schemes that would allow you to hide or give-away assets in order to qualify for Medicaid’s long-term care benefit. Federal law provides middle and upper-middle class families to way to protect savings and provide for quality care.
Celebrities suffer from the same frailties as the rest of us do. But when things happen to those in the public view it gives us the opportunity to plan in advance. This can give our families peace-of-mind.
Once you retire what will you do? Many people plan to travel. Gene Beltz shares a story about one of his trips and the mystery pig. Give yourself the freedom to enjoy a future successful retirement with an advance plan which includes affordable Long-Term Care insurance.
You are young and in good health. This is the best time to think about how the rest of your life will be and how best to plan for it. This includes living wills, medical power-of-attorney, and long-term care insurance planning.
More Americans get diagnosed each day, perhaps you. Diabetes brings many challenges, especially as you get older. Often this leads to complications and a higher risk for long-term care. The right care will help you live better.
More people own Long-Term Care Insurance. Last year over $10.3 Billion in benefits was paid to American families providing quality care, reducing family stress, and protecting savings. A new claims study shows 64% of those on claim were women.
All of us should prepare for the unexpected. Often, however, we don’t even prepare for the financial costs and burdens that come with aging. Help older family members prepare for disaster and help your family prepare for your future longevity.
As more people require long-term care services, either at home or in a facility, the need to care for the human spirit becomes as important as physical health. This facility explains how spiritual care is incorporated in overall care experience.
Social media is in the news. As more people experience a family member suffering from memory loss the issue is coming out of the shadows. People share their thoughts and feelings about dementia and long-term care.
Do you have coverage for long-term care at work? Probably not. Generally, people think long-term care disability is the same as long-term care. It is not. Know some of the misconceptions before you start planning.
The number of American families benefiting from Long-Term Care Insurance continues to rise. A new claims study indicates the major companies paid over $28.22 million a day in long-term care benefits in 2018 alone … over $10.3 billion annually.
Long-Term Care Insurance remains a very affordable way to address the financial costs and burdens that come with aging. A national study of insurance companies shows premiums for new coverage in 2019 varies slightly from plans available in 2018.
Many of us planning for retirement also start thinking about “what do to next”? Advance planning can not only help you plan for a successful retirement and long-term care but to take something you love into a second career.
When was the first time you thought you might be getting older? Perhaps it was the last time you looked in the mirror. With aging comes the need to think about retirement. Gene shares his thoughts how getting older and retirement.
American families are directly impacted by longevity. Aging means more of us require long-term care services. Family caregivers feel stress when no advance plan is in place often impacting their health and well-being.
Many people suffer from allergies. As you age, allergies can complicate existing health issues. Plus, knowing if you have a cold, the flu or an allergy is important. With our longevity, advance planning is key.
The number of American’s who suffer from Alzheimer’s or other forms of dementia continues to grow. Carried service dogs can be an important part of the caregiving team. If you have a loved one who has memory loss a dog could help.
Abusive guardians take advantage of people. One purpose of guardianship is to protect people with disabilities from abuse. Many states have laws to protect those elder and/or disabled people who deserve better.
Planning for the financial costs and burdens associated is longevity is a key part of your retirement strategy. Long-Term Care Insurance is an easy and affordable way to protect savings and ease the family burden.
A new survey shows the growing economy & labor market has impacted the costs of long-term care services & supports. Care costs are increasing and the need for Long-Term Care insurance is the key to successful retirement planning.
Retired Supreme Court Justice Sandra Day O’Connor announced she has dementia. She is a growing list of people who now must deal with the physical, emotional and financial burdens that come with longevity and long-term care.
Aging is an issue which impacts every American family. With longevity comes the health and age-related issues which drain savings and create stress and pressure on loved ones. New proposals give families more options to plan.
As we age many of us will require long-term care services. Often this will lead to facility care like assisted living or nursing home. Making the faculty less intuitional will bring less depression. Planning is key.
As people consider longevity, the cost of Long-Term Care Insurance is on many minds. Today’s LTC policies are rate stable with a near zero chance of rate increases in the future, according to the American Association for Long-Term Care Insurance.
A topic you will hate … death and long-term care. Could have added taxes but that would be too much. Many of the causes of death also cause extended care impacting family & finances. Pet pic included for fun.
People today are interested in their ancestry. They use DNA testing to learn more about their family tree. However, health issues in your DNA may be used against you as you also plan for long-term care.
You usually don’t think of bullies as being seniors. However, with the aging population, understanding this issue, especially in long-term care facilities, is important for the well-being of loved ones.
“Everyone in these parts know him mister. Why that’s the Lone Ranger!” Memories of your youth will always to close to your heart. What memories do you have? How will your aging impact your memories as those of your family?
A university study shows the obvious. Caregiving is hard on family members. It places substantial burdens on careers and their own families. Long-Term Care Insurance can reduce the burdens if you plan.
With so many things to worry about in life you might worry about forgetting something to worry about! There is a big surprise coming after retirement that is often ignored. Planning avoids the big surprise.
As more Boomers require long-term care due to illness, accidents or aging the lack of planning means families must go to ‘crisis management’. This often leads to sibling strife. Conflicts can be avoided.
Humans don't age like a fine wine, but we do live a long-time. Longevity requires an advance plan including Long-Term Care Insurance. A new study says the longer you wait the bigger chance health issues will prevent you from obtaining coverage.
A new study shows most Long-Term Care Insurance claims start with care at home. While most people think the insurance just pays for nursing homes the reality is the opposite. In 2017 Over $9.2 Billion in benefits were paid to American families.
How much attention do we pay to elder family and neighbors? This story reminds us how important they are and the stories they share. It's a reminder to plan for our own retirement and the impact aging and health can have on our family.
A person's transition into a long-term care facility can benefit with use of photographs and mementos, including pet drawings, to ease fears. Advance planning will make life's transitions easier on the whole family.
Many people don't think of end-of-life issues. Hospice, comfort care or palliative care makes it easier on both the person and the family. Barbara Bush's end-of-life decision may bring comfort to other families.
Losing weight can be a challenge at any age, however after 60 it becomes harder. Being over-weight increases health issues and your risk for long-term care. An advance plan for longevity prior to retirement is key.
Longevity has become a key part of retirement planning. The costs and burdens of aging impact high net-worth families as well as those with minimal savings. Long-Term Care planning is prudent for both.
You may have lots of fun memories of childhood. It was more of a carefree lifestyle than what adults deal with today. You sure didn't think about planning then, especially about aging. Health and Long-Term Care.
If you have a loved one that is in a long-term care facility, addressing their spiritual needs may be very important for them, as well as for you. Many facilities have spiritual/religious services available.
28 states offer some type of tax credit or deduction for Long-Term Care Insurance. A new measure introduced by a Nebraska state senator would provide a new tax credit for Nebraskans as they plan for Long-Term Care.
American longevity is creating an increase of multigenerational households. As more people require help with normal activities/long-term care, this places a burden on adult children and their families.
An elder Mom or Dad may not always reveal health or aging issues with their adult children. An ER visit often becomes the first sign and creates crisis management if no advance plan for Long-Term Care exists.
Like many Americans, pop star Lady Gaga is suffering from fibromyalgia, a painful condition which can impact activity and even cause future long-term care. Advance plan with LTC insurance will help provide quality care.
Longevity is requiring planning and Long-Term Care Insurance is part of the discussion. The facts suggest these plans are both affordable and rate stable providing asset protection for those planning prior to retirement.
The Long-Term Care Insurance Industry paid $9.2 Billion in benefits in 2017 alone, an increase from $8.65 paid in 2016. Policies are paying huge benefits reducing financial and physical burdens placed on the American family.
Longevity causes aging & health issues which require us to need long-term care services & support. Cost of paid care is high; impact on family is tremendous. Most prefer to be at home; LTC policies pay for quality care in any setting.
As America ages, the impact of Long-Term Care costs have a dramatic impact on both a family’s budget and government budgets. As more people age and require care advance plan is a necessary part of retirement planning.
The kids are out of the house and now you need a new face to look at. Perhaps your older mom and dad need something to keep them active. Having the right dog can be helpful, fun and good for your health and well-being.
As more people require long-term care services those with no advance plan place family members into the position of being a caregiver. A study outlines the implications and impact of family caregivers. LTC Insurance can help your family.
Americans seem to be more prepared for retirement than their counterparts throughout the world. One item that could negatively impact savings is the cost of long-term care. LTC insurance can be an affordable way to protect your 401(k).
Nearly nine million Americans deducted medical and dental expenses which can now include long-term care insurance premium costs according to a report released by the American Association for Long-Term Care Insurance.
Individuals with Long-Term Care Insurance receive 35% more hours of quality care in the setting they desire according to a study. Quality care, asset protection and relief of family burden are big benefits.
With our aging population, chronic diseases that compromise skin integrity such as diabetes and peripheral vascular disease are becoming increasingly common especially in long-term care situations. Careful attention and quality care are key.
The National Association of Insurance Commissioners is urging Congress to make policy changes bolstering Long-Term Care Insurance and its availability to the public as it faces the challenges of an aging population.
New AARP report highlights the amount of money that family caregivers spend of providing care to family member. Hispanic families impacted even more. LTC insurance will reduce this burden and protect assets.
A new study shows that eating the right grains reduces the risk of cardiovascular disease. This is key since as we age cardiovascular disease can lead to many health issues including Long Term Health Care and death.
Individuals and businesses can take advantage of special tax treatment of Long-Term Care Insurance policies. This makes it even more affordable to safeguard future retirement income & assets from high costs of extended care.
Reality check. All of us are getting old, some at a quicker pace. Understanding the risk and the financial costs and burdens of aging is essential in preparing your family and finances for future long-term care.
Life expectancy is increasing in the US and the rest of the world. The extra years of life is bringing more years of ill health. With more people needing care much of this care is not in a nursing home.
More people are living longer and risk of memory loss is high.The financial costs & burdens of aging will impact retirement savings. Affordable LTC insurance will protect savings and not burden your family.
The pop & rock stars that played on your radio are now aging, just like you. Health issues which cause Long-Term Care impacts retirement savings. Safeguarding savings with affordable LTC insurance should be part of your plan
A new 14 year study shows African Americans and American Indians have the highest incidence rates of dementia. This reinforces the need for all Americans to plan for the costs of extended Long Term Health Care.
A new study confirms women continue to enjoy longer life, however that means they require a higher level of disability as they age. This means women must plan for the financial costs and burdens of aging.
After dealing with the impact of Parkinson’s for 24 years, Maurice White, the founding member of Earth, Wind, and Fire, passes away at 74. He, like many American’s, had to live with the care required from this disease.
The market has been tough on your 401k so far in 2016. But in a long-term view what happens when you have unbudgeted Long Term Health Care costs? The impact on retirement savings can have a big impact on your assets and love.
As more people include Long-Term Care Insurance as part of their future retirement, a report shows claims paid by these plans will soon reach the $100 Billion mark. As more people live longer more require care.
The White House has issued their Conference on Aging Report. WHCOA, which is held every ten years, deals with issues of aging and Long Term Health Care. Report outlines the high risk that Americans face due to LTC.
Golden Globe and Emmy Award Winner Pat Harrington, Jr, known best as "The Super” in the 80’s Comedy “One Day at a Time” dies after a struggle with Alzheimer’s. Another celebrity who had to deal with dementia.
Long-Term Care Insurance policies provide outstanding benefits helping American families safeguard savings and reduce family stress. Today's LTC Insurance policies are very affordable, especially if purchased before your retire.
The Internal Revenue Service has announced the 2016 tax deductible limits for Long-Term Care Insurance. Many state and federal tax advantages are available to help consumers make affordable LTC insurance part of their retirement.
Virtual care services are becoming reality expanding quality care to more people & reducing costs. In Long Term Health Care, virtual care can help people stay at home, reduce costs and avoid a facility.
Lowering blood pressure below target cuts the risk of death in adults aged 50+ according to preliminary results of study. HBP leads to many health issues which cause health issues, Long-Term Care and death.
With more and more people investigating affordable Long-Term Care Insurance and making it part of retirement planning, a leading consumer and trade advocate notes that new policy benefits favor consumers who buy LTCi.
The U.S. has entered the ‘Golden Age of Caregiving’ with more family members becoming caregivers while taking care of their own families and living their own lives. A new study shows caregivers work 1.2 billion unpaid hours.
Those afflicted with memory loss is expected to triple in 35 years. Now a leading reason people require Long Term Health Care, the 100 types of dementias and the impact memory loss has on loved ones will become an even bigger
In 2012 U.S. Senator Mark Kirk (R-IL) suffered a stroke at age 52. Research is showing that younger people are now having strokes and TIA’s and the impact of such health events can create many issues for a victim’s family.
A public policy group founder calls for additional tax incentives to help consumers buy LTC Insurance. Joseph Stango, founder of “Choice Centered Medicaid” is calling for additional tax benefits because of the financial risk.
The CDC reports that many American women and even some men will deal with bone density issues as they age. Osteoporosis and osteopenia can have an impact on health including a higher risk of Long Term Health Care.
Bill and Hillary Clinton might be paying too much in taxes. One thing they could do is deduct their LTC insurance. Bill helped make LTC premiums deductible and Hillary in the past has supported LTC insurance tax credits.
Who Will Provide Care for Childless Boomers? Many will grow old without family to look after them. With advances in medical science allowing us to live longer and longer issues for these boomers like POA’s and Long-Term Care.
Reports are indicating that singer Helen Reddy, known for many top 40 hits in the 1970’s, has been diagnosed with dementia and entered a LA nursing home. With 3 number 1 hits and many other chart records, Reddy was attempt
Despite the odds many people fail to consider Long Term Health Care costs when putting together their retirement plan. Since 7 in 10 people will need some type of LTC some don’t see the Wolf in their retirement plan.
But few people make preparations for dealing with and paying for Long Term Health Care. This inevitable part of life that can drain a family both emotionally and financially. Long-Term Care Insurance can make getting older easier on family and finances.
African-Americans are twice as likely as whites to develop Alzheimer's. Research suggests it impacts African-Americans in a different way compared to others. An advance plan, including Long-Term Care Insurance, is key to retirement planning.
You’re divorced, now what? While long-term care planning is always a key part of retirement planning it becomes essential after divorce. Affordable LTC insurance needs to be part of the plan. Remarriage? Yes, still essential.
Alzheimer's disease is expected to triple by 2050. This means you need understand the warnings signs and plan for the financial costs and burdens of aging. For many, this means an affordable Long-Term Care policy.
Survey shows few people are “very or extremely confident” in their ability to pay for ongoing Long Term Health Care. Reason for people to include affordable Long-Term Care Insurance as part of their retirement plan.
It is common for adult children to be their parent's caregivers. This support comes with a price. Making smart planning moves will help older parents. Advance planning for long-term care is essential to retirement planning.
Many people are now planning for Long-Term Health Care as part of retirement planning. Yet, while they may be buying Long Term Care Insurance they don't consider the cost of care which can vary depending on where one lives.
Long-Term Care Insurance has become an important part of retirement planning. The American Association for Long-Term Care Insurance, a national consumer group, reports that buyers are getting even younger as more people plan.
One of the biggest involuntary risks we face is Long Term Health Care. Fidelity Investments, one of the largest mutual fund and financial services groups in the world, makes suggestions which includes planning with affordable
Some people think Medicare, which is the health insurance for those 65 and over will cover Long Term Health Care costs. In fact, it pays very little. For those under 65, normal health insurance also pays very little.
Technology will give people who require Long Term Health Care additional choices to make their life better. Many Long-Term Care Insurance policies will provide benefits to pay for advances in technology that may become available.
Memory loss is a leading cause of why a person may need Long Term Health Care. Knowing early signs is important so you can get a head's up on a loved one. This is also a reason why you should make Long-Term Care Insurance part of retirement planning.
A leading Long-Term Care Planning expert tells teachers that planning for Long Term Health Care is even more important now that many states are looking at changing how teacher’s retirements are funded.