If you are going to buy long-term-care insurance, which helps pay costs should you become unable to care for yourself, your 50s are the years to do it. Wait much longer and premiums become prohibitively high. Also, you could develop health problems that could disqualify you for coverage.
The problem is, long-term-care insurance is extremely expensive. The average premium for a 60-year-old couple was $3,490 in 2017, according to the American Association for Long-Term Care Insurance.
What’s a prudent person to do? After all, the cost of nursing home care currently is about $235 a day for a semi-private room, according to Genworth Financial.
Since COVID-19’s spread across the globe has been declared a worldwide pandemic in March of…
One way or another, you’ve probably come across free samples in your consumer life. Historically,…
Cutting costs is a challenge many Americans have to face on a monthly, even weekly…
Old-School Tips and Tricks Your grandparents lived in some difficult times and probably became experts…
You might want to check out your old baseball cards or sift through those boxes…
You know that pouring yourself a hot cup of tea, listening to your favorite low-key…