Why we chose it: We chose New York Life as the best long-term care insurance company for financial stability because it has ...

We independently evaluate all of our recommendations. If you click on links we provide, we may receive compensation. Myles is a former senior insurance editor for Investopedia. He oversaw the strategy ...

Long-term care insurance can ensure you have the help you need for day-to-day living. There are three main types of long-term care insurance, and which one is best for you will depend on your ...

Forbes contributors publish independent expert analyses and insights. Steve Vernon, FSA, helps retirees make their money last for life. “Should I buy long-term care insurance?” I’m often asked this ...

As you age, your need for assistance, whether it be at home or in a nursing home or assisted living facility, increases. Given the prevalence of long-term care services being required, it's no ...

“We’ve been paying into long-term-care insurance since we were in our mid-50s,” said a friend, now in her late 60s. “But with all of the premium increases, we might have been better off just investing ...

When you imagine your retirement journey, you likely picture trips to the beach, leisurely days with the grandkids and lots of time for hobbies. A lengthy stay in a nursing home probably isn’t part of ...

Stand-alone long-term care insurance policies have been waning in popularity, owing to a combination of skyrocketing premiums and difficult claims experiences by consumers. In their place, so-called ...

Most Americans think Medicare covers long-term care, the regimen of daily help that many seniors will eventually require. It does not. That basic misunderstanding has retirement experts worried. It ...

Planning for retirement isn't just about how much you've saved. It's also about how you'll handle the expenses you can't fully predict. And, one of the biggest unknowns for older Americans today is ...

Many older Americans should review whether their estates or adult children might be required to pay for long-term care they ...