Long-Term Care Insurance Sales Shifting from Standalone to Hybrid Policies
The standalone long-term care insurance market is suffering, and according to the Society of Actuaries, individual policy sales have been declining since 2003.
Successfully Navigating the Affordable Care Act in Retirement
Mandated purchases, noncompliance penalties and restrictions on denials for preexisting conditions have taken center stage in the news, but there are plenty of little-known nuances related to premium increases, subsidies and changing access to certain types of care.
Seniors Hold Growing Share of National Student Debt
Seniors now account for more than 15% of the total national student debt burden.
What Your Clients Can Expect From Long-Term Care
Financial planning is key to ensuring seniors get high quality care.
Premium Increases Expected for Long-Term Care Insurance
Longer life spans and medical issues leave policyholders facing huge hikes.
White House Budget May Curb Social Security Maximization Strategies
President Obama’s proposed budget features a controversial measure that may curb the use of delayed collections, spousal piggybacking and other tactics to maximize benefits.
Seniors May Be Leaving Money on the Table as They Retire
Misinformed decisions about defined contribution collection, investments and insurance are leading many retirees to spend too much and collect too little.
Beyond Social Security: Planning for Soon-to-Be Retirees
It's crucial for advisors to optimize not just their clients' Social Security timing, but their entire portfolios for maximum future spending power.
Social Security Payback Still a Good Option for Early Collectors
Early collectors who change their minds can return their benefits within one year and reap the rewards of waiting later on.
Upcoming Bills Aim to Make Retirement Planning Easier, More Transparent
Legislation in the works this year may help retirees to better plan for prosperity in their golden years.