Posts about Long-Term Care

5 Retirement Concerns Too Often Overlooked

5 Retirement Concerns Too Often Overlooked Baby boomers entering their “second acts” should think about these matters. Provided by Marc Aarons   Retirement is undeniably a major life and financial transition. Even so, baby boomers can run the risk of growing nonchalant about some of the financial challenges that retirement poses, for not all are […]

Life Insurance with Extended-Care Riders

As conventional extended-care policies grow costlier, alternatives have emerged. Provided by Marc Aarons  The COVID-19 pandemic has changed extended-care policies. While the specific policy information varies from company to company, in general, the pandemic has made it more difficult to qualify for extended-care policies. This can be particularly challenging if you’re in a high-risk group. […]

Understanding Extended Care

The important question: are you prepared?  Provided by Marc Aarons  Addressing the potential threat of extended care expenses may be one of the biggest financial challenges for individuals who are developing a retirement strategy. The Administration for Community Living estimates that by 2060, 94.7 million Americans will be aged 65 and older. Of those, it’s […]

How Much Do You Really Know About Extended Care?

Separating some eldercare facts from eldercare myths. Provided by Marc Aarons How much does eldercare cost, and how do you arrange it when it is needed? The average person might have difficulty answering those two questions, for the answers are not widely known. For clarification, here are some facts to dispel some myths. True or […]

Eldercare Choices in the COVID-19 Era

Exploring your extended care options may be wise at this time. Provided by Marc Aarons Given the threat of COVID-19, seniors today may be considering their extended care alternatives with extra caution.1 In addition to health factors, the cost can be an issue. According to Genworth’s 2020 Cost of Care Survey, the median annual cost […]

Understanding Long-Term Care

The important question: Are you prepared?  Provided by Marc Aarons at Money Managers, Inc.  Addressing the potential threat of long-term care expenses may be one of the biggest financial challenges for individuals who are developing a retirement strategy. The U.S. Department of Health and Human Services estimates that 69% of people over age 65 can […]

How Much Do You Really Know About Long-Term Care?

Separating some eldercare facts from some eldercare myths. Provided by Marc Aarons Marc@ocmoneymanagers.com How much does eldercare cost, and how do you arrange it when it is needed? The average person might have difficulty answering those two questions, for the answers are not widely known. For clarification, here are some facts to dispel some myths. […]