Families Find Caregivers in Increasingly Short Supply
As the popularity of professional long-term care services grows among seniors, so does the need for informal assistance from adult children and other family members.
5 Things Senior Clients Wish Their Advisors Knew
More than 200 seniors responded to a survey by LifeHealthPro about their likes, needs, financial concerns, career outlook and asset base.
What Your Clients Can Expect From Long-Term Care
Financial planning is key to ensuring seniors get high quality care.
Taxes and Life Insurance: Accelerated Death Benefits
Tax Facts experts answer questions about income tax treatment of an accelerated death benefit payment from a life insurance contract.
Top Portfolio Products: Van Eck to Subadvise Market Vectors’ China A-Share ETF
Also new this week are two funds from Thornburg Asset Management, four funds from American Independence and a new AICPA tax calculator.
Start LTC Planning Now, Save a Bundle Later: Genworth
Families could save almost $11,000 per year on out-of-pocket expenses for long-term care if they started planning a little earlier, a Genworth report found.
Estimating Long-Term Care Costs in 2013 and Beyond
No matter when they plan to retire, Americans in their 60s, 50s and even 40s need to start planning and saving for LTC expenses.
States’ LTC Squeeze: Demand Swamping Services
A report co-authored by AARP found that more than 60% of states had seen an increase in demand but no increase in spending.
Top Portfolio Products: iShares Offers Colombia ETF
Invesco PowerShares launches a new global high-yield bond fund ETF, while Fred Alger rolls out international- and global-growth products.
In Medicaid Planning, Don’t Surrender Life Insurance—Trade It for LTC Instead
Your clients who are nearing retirement age might often wonder why they bother maintaining the life insurance policies they’ve funded for years. But under some recent state proposals, owning a life insurance policy can actually help clients in LTC planning.