Most Americans would prefer to age in place, but sometimes the costs make it impractical. Here's how to help.
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Most Americans would prefer to age in place, but sometimes the costs make it impractical. Here's how to help.
November 27 -
Where your client resides may determine how much they'll need to pay.
November 14 -
Few Americans have coverage today even though most will need it after they turn 65, LIMRA says.
November 13 -
The cost of home care is up over 6% this year nationwide. Are your clients living in an even more expensive state?
October 30 -
Planners should ask if and how they ingest the drug when looking for a life insurance policy.
October 26 -
When hit with an increase, clients are urged to pony up but reducing benefits and terminating policies are options too.
October 23 -
Advisors with clients opting to stay in more expensive states need to be prepared to help them with those costs.
October 19 -
A new breed of combination life insurance and long-term care products is making it easier for middle-income Americans to secure coverage.
September 28 -
Here’s how advisors are replacing traditional methods.
September 24 -
Newer hybrid products are popular, but they can be expensive.
September 22 -
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The firm joined a handful looking to researchers on aging to help bolster their offerings.
September 12 -
Actually, there’s a third answer, says planner Victoria Konrad.
September 7 -
Advisors must contend not only with the emotional and psychological issues facing their clients. They must also navigate complex family relationships, while juggling a slew of financial challenges that don't always have easy fixes.
September 6 -
What clients don’t know could cost them hundreds of thousands of dollars.
August 21 -
Recent graduates tend to be in a low tax bracket early in their careers when it pays for them to save as much as they can in a Roth IRA or Roth 401(k), writes an industry expert.
August 10 -
The right strategy can save clients thousands of dollars, although the options are complicated.
July 24 -
Employers should be encouraged to provide their workers affordable, simplified long-term care insurance for employees age 45 and older, says report from the Bipartisan Policy Center.
July 13 -
It’s better to have these conversations long before your clients need to use a policy.
May 9 -
Long-term care brings hefty costs not fully covered by Medicare, so clients should consider living-benefits products, asset-based long-term care coverage or an annuity.
April 21 -
Given how dysfunctional many families are during a crisis, a lack of coordination of agents can sow even more financial confusion, and even conflict.
December 15 -
Genworth CEO Tom McInerney has been selling assets so the insurer has enough liquidity after being hit by losses on its long-term care coverage,
October 24 -
Like many planners, Shane Larson never received any training in psychology. Now he finds using basic counseling skills can help make relationships with his clients stronger.
August 26 -
Clients planning to live in assisted living communities during retirement should know which states are pricier than others.
June 6 -
Despite increases in the cost of living for the elderly, clients may find affordable options even within the most expensive states.
June 2 -
About 42% of people will need some nursing home care — but long-term care insurance will pay only a tiny portion of the cost.
May 20 -
As clients live longer than ever anticipated, advisors face new challenges in helping them prepare for the future.
May 2