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 ...

The U.S. Department of Health and Human Services (HHS) recently released some sobering news for Americans regarding long-term care. The news, which resulted from an analysis of risks related to ...

Forbes contributors publish independent expert analyses and insights. True Tamplin is on a mission to bring financial literacy into schools. Disability income replaces a portion of lost wages when an ...

How would you support yourself or your loved ones if you couldn't work due to an injury or illness? A majority of respondents said they'd dip into financial reserves or borrow, according to a study by ...

Planning for long-term care is a smart way to prepare for the realities of aging. And as Americans live longer, more of us will need support later in life. In fact, nearly 70% of adults over age 65 ...

Welcome to Ask Lacey, an advice column in which accredited financial counselor and MilMo founder Lacey Langford answers your pressing financial questions. Have a question for Lacey? Submit it here. Q.

Question: Sorting out long-term care is a top concern as I approach retirement. However, I'm not sure how to best manage the expense. Is long-term care insurance worth it? Answer: The affordability of ...

As more and more of the 70 million baby boomers require long-term care, the dearth of insurance providers and the shrinking number of care workers are shaping up to create a major challenge, says ...

About 1 in 7 Americans will spend at least $100,000 out of pocket for long-term care. Health insurance generally doesn't cover long-term care services, and Medicare doesn't cover most expenses. Not ...