Long-Term Care Series

Long-Term Care Insurance Quiz: Will I Need It? Can I Get It?

The takeaway:    Plenty of people make their grand exit having never needed long-term care or long-term care insurance.  The quiz below lets you know if you share the same characteristics with those who’ve typically needed long-term care in their sunset years.  If you’re unprepared, the cost of long-term care can be catastrophic for your … [Read more…]

Long-Term Care Insurance: Five Warnings Before You Buy a Stand-Alone Policy

Cars going every which way on a highway, representing the chaos of long-term care insurance industry.

  The takeaway.  If you buy stand-alone long-term care insurance, prepare for rate hikes, prediction failures, and the fact that you might not even need the insurance.  Your mileage may vary. 😐  $$$ Boomer, before you buy stand-alone long-term care insurance, consider the case of Mary Jo Klimenko. I came across her story in Kaiser … [Read more…]