Many older adults have concluded that they’re better off covering long-term care expenses out of their own pockets if they end up needing it. Years of rising premiums on long-term care insurance, ...

Forbes contributors publish independent expert analyses and insights. Bob Carlson researches all facets of retirement finances. Long-term care (LTC) and insurance for it (LTCI) are two of the most ...

Long-term care insurance is an essential component of financial planning for many individuals as they age. This type of policy provides peace of mind by covering the costs associated with care ...

Long-term care insurance (LTC) can pay for costs not covered by health insurance or Medicare, like a home health aide, physical therapy or ongoing care in a nursing facility. Before you buy a policy, ...