Forbes Gets Nerdy with Numbers, Paints a Scary Picture for Long-Term Care

Forbes says you’d have to a policy wonk or an outright nerd to care about statistical models for long-term care insurance. Well, we’re guilty as charged. But that’s okay — Forbes cops to its nerdy inclination too. Earlier this month, the magazine delved into the latest stats on long-term care in America. The numbers are[...]

The Middle Class Struggles to Pay for Long-Term Care

It’s no secret that long-term care is expensive… very expensive. Families often find themselves paying upwards of $100,000 a year (more in many cases) for the care of a single elderly relative. Those that can’t scrounge up that kind of cash ultimately sacrificed just as much in an effort to provide volunteer home care. Naturally,[...]

One Upside of Aging: No More Cancer Screenings!

Did you know that many elderly Americans might not need cancer screenings? As it turns out, that’s something many of them don’t know either. The Orlando Sentinel is calling seniors’ attention to that fact, offering it as a sort of silver lining for those who are concerned about the mounting health challenges of old age.[...]

Robin Williams Suffered from Dementia, Not Depression

When superstar Robin Williams passed away last year, it was widely reported that the actor had claimed his own life, having lost his long battle with depression and substance abuse. Now, CNN reports, his wife has come forward to correct the record: it was actually dementia that is to blame. Even family members and close[...]

Seniors Are Dropping Long-Term Care Insurance When They Need It Most

Money magazine identifies a few reasons why people are hesitant to invest in long-term care insurance: It’s expensive. They may never need it. With many policies, the premiums can rise over time. There’s nothing new in that report. American reluctance to prepare for the financial future has long been the status quo. But the Money[...]

Dementia Diagnosis Could Cost $730K in Nursing Care

While the families are happy to hear a longer prognosis, those extra years with their loved ones come at a profound financial cost, climbing toward a million dollars in some cases. This month, USA Today explains how a dementia diagnosis can easily add up to $730,000 for a typical family. Consider the following: The national[...]

Unmarried Couples Need Special Estate Planning Protection

It is a controversial fact, but a fact nonetheless: fewer and fewer people are getting married. Studies consistently show that a growing number of American couples are choosing to stay unmarried. And those that do wed are tending to wait longer before tying the knot, marrying at much older ages than they used to. As[...]

Living Trusts Are All the Rage. Do You Need One?

A Huffington Post reader recently wrote in to the online newspaper and asked whether she needs a living trust — after all, she said, her friends are all getting one! Well, color us surprised! A reader asking a major publication to think about estate planning? Usually it’s the other way around! Kudos to her! HuffPo’s answer[...]

5 Things You Need to Know About Long-Term Care Insurance

Long-term care isn’t anyone’s favorite subject. It is an easy can to kick down the road, but those who do end up kicking themselves in the long run. View image | gettyimages.com In recognition of that fact, the Chicago Tribune recently sounded the alarm with a list of five things that everyone needs to know[...]

What Is Dementia Like Outside the Nursing Home?

Most of the research on dementia patients’ experiences has focused on hospitals and nursing homes. After all, those are the easiest sites to study. But many of America’s dementia patients receive their care in the privacy of their own homes. So what is the experience like for them? View image | gettyimages.com GeriPal, a popular[...]

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