Long Term Care Insurance Cost, Quotes, Companies, AARP
Long Term Care Insurance
If you own a nonqualified annuity funded with after-tax dollars, converting to a long term care annuity could provide you significant tax advantages. Thank the Pension Protection Act of 2006 for this major tax saving opportunity. [Read more…]
The aging of America is costly on the emotions of the elderly and their families. In addition to this emotional cost, long term care costs strongly affect the wallets of American families. According to national long term care statistics, almost 10 million Americans need long term care services. Thirty seven percent of those are under the age of 65 and that number is expected grow to 12 million by the year 2020. [Read more…]
Planning ahead for possible long term care needs is a critical part of retirement planning. Critical because long term care costs can be tremendously expensive and thus devastating to an estate. [Read more…]
According to a new study released by the Alzheimer’s Association, over 5 million Americans are currently affected by the disease. Over the next 35 years that number is expected to increase to 13 million. This year alone, Alzheimer’s is expected to take the lives of more than 500,000 people in the U.S. [Read more…]
We came across an interesting Long Term Care article written by a Consumer Reports Medical Adviser and neurologist. The title of the article is; Don’t Wait To Plan for Long-Term Care and it’s from the November 2013 issue of Consumer Reports Magazine. [Read more…]
Genworth Financial, one of the nation’s leading long term care insurance companies, recently released the Genworth 2015 Cost of Care Survey. This extensive survey covers thousands of long term care providers in 437 regions nationwide. [Read more…]
