How to Talk about Long Term Care Costs with Your Spouse

Long term care costs remain a big problem for many retiring Americans. This is why married couples must start creating a strategy to deal with the care expenses heading their way. However, this presents a dilemma:   “How do my spouse and I start planning for long term care costs?”   Recently, we shared a

3 Money Management Tips for Baby Boomers without Children

Baby boomers without children have one important defense against the growing costs of retirement and long term care: proper money management. However, this is not as easy as it seems. If you wish to build an effective financial plan you can rely on for the years to come, then feel free to jump in on

Financial Planning in the Palm of Your Hand (Literally)

As we all know by now, financial planning plays a big role in retirement or long term care. The decisions we make now affect our future in multiple ways. This is why many are quite hesitant to invest their finances or make big money-related decisions, especially if we consider the rate that the cost of

Protect Your Assets, Health, and Loved Ones through LTCI

“How can long-term care insurance (LTCI) truly help me? Is it even worth my money?”   Perhaps, these are two of the biggest questions in every baby boomer’s mind. Yes, having an LTCI policy was not the popular choice in the last decade, but it is turning out to be the most comprehensive option in

4 Budget Tips to Make Room for Long Term Care Premiums

Long term care premiums are included in the top reasons why retirees and working baby boomers shy away from purchasing long term care insurance (LTCI) plans. However, there are ways in which you can manage your finances to secure a place for these LTCI premiums in your budget.   Retirement is changing rapidly in America.