Asked by an anonymous user
Answered by Donn Sharer
CFP ChFC CLU in Millstone Township, NJ
The miracles of modern medicine have greatly increased the likelihood that more and more of us will need custodial care, especially in our later years. At its simples...
Asked by Lynn
Answered by Fran Chamberlain
Insurance Agent in Nanuet, NY
Yes, it is recommended as the cost of long term care increases approximately 5% on an annual basis. Most long term care quotes automatically include inflation protect...
Asked by an anonymous user
Answered by MoneyTips Writing Staff
Financial Adviser in Los Angeles, CA
While I can't address which policies are best, MoneyTips has an article on Long-Term Care Insurance that may be of help. Visit http://www.moneytips.com/long-term-care...
Asked by an anonymous user
Answered by Michael Hoffman PRO+
RFC, CLU, ChFC in Grass Valley, CA
Good question! You are close, the 1035 tax free exchange will allow you to exchange an existing annuity or permanent life insurance contract to a new one that has a L...
Asked by Angie
Answered by Gregg Himfar
Financial Adviser in Carlsbad, CA
Having an estate plan. Having a health directive, a trust, and beneficiaries stated on all retirement accounts. Perhaps life insurance is necessary to avoid your hei...
Asked by Victor
Answered by Amber Lidskin
Insurance Agent in Gold River, CA
Good evening Victor: I'll be happy to answer some questions about Long Term Care. The rates are dependent upon your age, sex, and current health. The younger and ...
Asked by Zanna
Answered by Dave Bradley
Investment Manager (Financial Advisor) in North Charleston, SC
Hi Zanna. We get this one quite often and having many close friends and an extended family, I have gained much valuable experience with this one. LTC may work for ...
Asked by STOKES
Answered by Matthew Hutton
CFP, MBA-FP in Westlake Village, CA
Mr. Stokes, Your questions was whether you should purchase a long term care insurance policy or not, and if so when. Unfortunately the answer is not a cut and dry, ...
Asked by Bobbie
Answered by Bill Hagerty
CLU® ChFC® in Roseville, CA
It's a great idea to get the facts before you have a need which could affect retirement. I am in Roseville, Ca. Feel free to contact my office if you would like to r...
Asked by Debbie
Answered by Michael Minter
Financial Adviser in Tampa, FL
This is a legal question and should be directed to a local attorney that specializes in Social Security disability and or Medicaid with the ability to set-up some sort...
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