How Much Long Term Care Insurance Should You Have?
One of the biggest questions in long term care insurance is “How much coverage should we have?” I have researched and thought about long term care coverage and amounts quite a bit in the past year....
View ArticleExploring Myths About Medicare
The closer I get to age 65, the more curious I become about Medicare. Earlier in my retirement thinking (perhaps five or ten years ago), I casually made some assumptions about Medicare – both positive...
View ArticleLong Term Care National and Local Cost Trends
Every baby boomer needs to think about long term care needs and costs. The odds are quite high that one of you will need it. Can you afford it? This is the question that I asked myself two years ago...
View ArticleGambling with Your Retirement Future
Do you gamble with your retirement future? I’m not referring to merely ignoring or not having a plan for retirement. I’m talking about acts of commission or omission that place your retirement plan at...
View ArticleLong-Term Care Options Change Again
What are your plans for long term care? Is it the “I won’t need it so don’t worry about it plan?” That is not a plan, of course, and if you are leaning in that direction (or just sticking your head in...
View ArticleConcerns and Misconceptions About Long Term Care
Financial and retirement writers are regularly pumping out articles about long term care insurance. A lot of what is written is negative, such as when an insurance company decides to stop selling long...
View ArticleAn Important Debate on Buying Long Term Care Insurance
The Wall Street Journal has engaged a number of personal finance experts to debate several topics of importance to the rest of us. One of these recent debates was over the question of whether we should...
View ArticleIs Longevity Insurance a Substitute for Long Term Care Insurance?
Most of the news I read about long term care insurance is bad. Insurers as a group did not properly analyze their risk. Consequently, they are imposing huge premium increases on policy holders and/or...
View ArticleLong Term Care Insurance Premium Increase
Because of a personal tragedy I have been away from this blog for an extended period. I may write about this tragedy when the time is right but for now, I need to return to retirement planning and...
View ArticleThe Complexity of Working with Medicare, Social Security and Health Savings...
I called the national Social Security phone line last week to discuss survivor benefits. (More on that later.) Of course, the person I spoke with could not actually process my claim. Instead, he had...
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