What is long-term care insurance? Learn how it helps cover costs for extended care not included in regular health insurance.

It's still a good idea to purchase long-term care insurance at 65 years old. Getty Images When you're 65 years-old, you have around a 70% chance of needing long-term care later in life.

"LTC insurance should not be a zero-sum decision, that is, the choice should not be 100-percent self-funding or buy LTC insurance," says Bill Comfort, trainer at Certification for Long-Term Care ...

Comprehensive long-term care planning is about creating options. When you address these needs proactively, you preserve your ...

Long-term care services can be particularly expensive, though. For example, in-home care like homemaker services or a home ...

Should you buy long-term care insurance or save up to self-insure? There are many trade-offs to consider. And, surprise: It doesn’t have to be one or the other.

Typically, a combo LTC and life insurance policy will pay for services that help you with ADLs. For example, an LTC rider may pay for an at-home caregiver or admission to a long-term care facility.

There are many new types of LTCI policies coming out all the time. One of the types of policies I like the best included both a long-term care benefit along with a Life Insurance benefit. If you ...

According to the Association’s 2024 Long-Term Care Insurance Price Index, a couple both age 60 can expect to pay $5,800 annually to have each have coverage worth $345,500 when they reach age 85.

Long-term care insurance policies can be helpful but pricey, and if you wait too long to buy, your premiums will be sky-high. And that’s if you’re able to take out a policy at all.

Deciding when, or whether, to buy long-term care insurance can be complex. Here’s what to know. By Jordan Rau This article is part of the Dying Broke series examining how the immense financial ...

Long-term care insurance protects against the risk of paying for expensive long-term health services out of pocket. Learn how much it costs and when you should buy a plan. Compare. ... The best time ...