Do You Need Life Insurance in Retirement?

My Comments: Too many years ago for me to remember, it was possible to buy what was then known as a ‘single premium life insurance policy”. The only health question was whether you could fog a mirror. If not, it was too late. As a salesman, I’d find people with small or medium sized buckets …

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5 Long-Term Care Stats That Will Blow You Away

My Comments: As someone with more years under my belt that I like to think about, dealing with the potential costs of long term care is never far from my mind. We all know that sooner or later the light will go out, but none of can be sure it will go out quickly. And …

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Don’t Fall for These 10 Long Term Care Insurance Myths

My Comments: Bad things happen to good people from time to time. One of the bad things is that as we age, we tend to need more and more care from others to get us through the day. At some point, if you are still alive, it may be necessary for a professional to help …

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If you’re in your 50s, you need to plan for long-term care right now

My Comments: "Who me? Nah, I’m good. I’m not going to become goofy or worry about someone helping me take my meds every morning. Or help me prepare my meals. Or help me in the shower…" (BTW, this image is of my mother who suffered from Alzheimers for 10 years after my father died.) by …

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Paying for Long Term Care with a Hybrid Life Insurance Policy

My Comments: Long Term Care and the associated costs have become an increasingly obvious existential risk faced by people in retirement. We’re living longer and longer and despite our best efforts, we tend to become more goofy and less healthy as we age. If we can no longer function on our own, of if we …

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The 1 Retirement Expense We’re Still Not Preparing For

My Comments: Those of us who live long enough to enter the final stages of our lives get to confront something that rarely happens to those not retired. I often refer to this as ‘becoming goofy’, though it’s not always a mental affliction. (My mother had Alzheimer's and needed constant attention for over nine years.) …

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How to pay for long-term care? Several funding options exist

My Comments: If you don’t think about it, maybe it’ll go away. But for millions of us, living longer than our parents, LTC is an insidious risk that needs to be dealt with. There is probably no best answer, just a better one. Short of dying early, most of us will need advanced care of …

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