Insurance

Retirees diagnosed with serious health concerns should adjust their expectations on how they should spend their time and money.

Be careful with Social Security and Medicare. Missteps can hurt client relationships.

Be careful with Social Security and Medicare. Missteps can hurt client relationships.

About 42% of people will need some nursing home care — but long-term care insurance will pay only a tiny portion of the cost.

The federal plan does not cover some things such as hearing aids and dental care; plus, how age differences in couples affect their Social Security.

Employees signing on to the PBE through their employer gain access to a unique package of discount coupons for movies, amusement parks, car rentals and sporting events.

Many clients would prefer to stay in their homes as they age -- for both emotional and financial reasons. In-home care costs much less than facilities-based care, and those costs are rising at a slower pace.

Unknown health care costs are regarded by many as the biggest threat to retirement plans. At the same time, shifts in the industry are changing advisors' options to help clients plan for the costs of extended health care. Here are the most critical factors advisors should keep in mind about long-term care.

Millions of baby boomers born in 1948 will become eligible for Medicare this year and face the complexities of choosing Medicare plans. As this group navigates the choices in Medicare Enrollment for the first time, financial planners have a chance to share with them advice that will help them make the best decision.