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Long-Term Care insurance

Continuing Care Retirement Communities, Part 2–Four Ways to Figure Out if They’re Worth the Money

August 22, 2019 by Linda Vaughn

The takeaway:  Continuing Care Retirement Communities give you a place to live, provide lots of amenities and activities, and–depending on your contract–include long-term care.  This post provides four steps to help you decide if these places are worth the money.  The post also tells my experiences and impressions visiting two different communities in two different … [Read more…]

Posted in: Long-Term Care Series Tagged: Continuing Care Retirement Communities, Long-Term Care insurance

Continuing Care Retirement Communities, Part 1–Seven Essential Things to Know

July 1, 2019 by Linda Vaughn

The takeaway:  Continuing Care Retirement Communities are housing developments that let you age in place, while also providing long-term care if you need it. They are one of the three major types of long-term care insurance you can buy; the other two were discussed in an earlier post.  Unless you have money to burn, be clear … [Read more…]

Posted in: Long-Term Care Series Tagged: Continuing Care Retirement Communities, Long-Term Care insurance

Three Types of Long-Term Care Insurance: You Might Not Need Any!

February 21, 2019 by Linda Vaughn

The takeaway:  With or without insurance, long-term care could cost you a bundle.  This post is designed to help ensure you don’t spend money to protect against something Uncle Sam might pay for.  However, if Uncle Sam won’t pay, this post can help you decide if long-term care insurance is worth it.  Should you decide it … [Read more…]

Posted in: Long-Term Care Series Tagged: Annuity long-term care insurance, Hybrid long-term care insurance, life-insurance as long-term care insurance, long-term care and continuing care retirement communities, Long-Term Care insurance, traiditional long-term care insurance

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

July 18, 2018 by Linda Vaughn
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…]

Posted in: Long-Term Care Series Tagged: Long-Term Care insurance

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