Vikki Velasquez is a researcher and writer who has managed, coordinated, and directed various community and nonprofit organizations. She has conducted in-depth research on social and economic issues ...
According to the Urban Institute, the population of Americans age 65 and older is on track to increase nearly 50% in the next 15 years, to more than 80 million. That means demand for long-term care ...
Christine Benz: Hi, I’m Christine Benz for Morningstar. Carolyn McClanahan will be joining me, along with Jean Chatzky, at the Morningstar Investment Conference in late June. We’ll be discussing ...
A recent study by Morningstar found that costs for long-term services and supports (LTSS), including things like in-home care, assisted living and nursing home facilities, can have a dramatic impact ...
Comprehensive long-term care planning is about creating options. When you address these needs proactively, you maintain control over your choices and preserve your family's financial future. When most ...
The U.S. Department of Health and Human Services (HHS) recently released some sobering news for Americans regarding long-term care. The news, which resulted from an analysis of risks related to ...
About 80% of 65-year-olds will need some form of long-term care, according to the Center for Retirement Research at Boston College. Even a strong retirement savings plan can be derailed by an ...
The new rule will let you take up to $2,600 yearly from your 401(k) to pay for qualified long-term care insurance premiums without paying a 10% early withdrawal penalty if you're under age 59½. The ...
Are you prepared for the possibility of needing long-term care in the future? This may include care in a nursing home, an assisted living facility or home health care. According to the American ...
Retirement planning is challenging. One of the biggest challenges is figuring out how to pay for long-term care costs. According to research from the Boston College Center for Retirement Research, ...
November marks “Long-Term Care Awareness Month.” This year, advisors are using the occasion to highlight the growing pressure on adults caring for both aging parents and their own children. This ...