In a recent Smart Money article on the web, the task of evaluating the cost/benefit of purchasing long term care insurance just got easier.
Two online calculators can now be used to determine if long term care is the right choice for you.  The first calculator allows you to input information that will caluculate whether or [...]

As advisers become more comfortable bringing up the subject of long term care as part of the retirement planning process, they should be careful not to confuse a plan for long term care with long term care insurance.
Most of the conversation should be about acknowledging the consequences not planning has on your family, the lifestyle you plan for in [...]

The current recession has hit everyone hard.  Families in Connecticut that may be facing taking care of parents should know how the current economic environment will affect the long term care industry.
After some research, I found that there  are a few likely trends that families may be facing.

Nursing home care and increasingly in some states, [...]

When you get right down to it, after doing all the research on ways around financing long term care costs, there are really three choices available to you:

Retain the Risk.  This is a viable alternative, but one that should be made with caution.  Choosing this method of financing long term care can lead to significant [...]

If you are a Connecticut sole proprietor, partnership, limited liability company, s corporation, or c corporation you have tremendous opportunities to protect your retirement assets with long term care insurance.
The federal government has created tax benefits that allow you to deduct the cost of long term care insurance for yourself, key employees, and other employees who wish [...]

In December the AARP issued a bulletin that will help Connecticut families get the information they need when searching for a nursing home for your loved one.
Choosing a facility for a family member that needs care in a nursing home is emotionally difficult to deal with.  Having the following tips will likely help you to [...]

Are caregiver support groups worthwhile?  I read a blog post from The New Old Age that asked this question. Jane Gross did not have any quick answers, but left it up to the reader to comment on the idea.  If you visit the site and view the comments you’ll find that there is certainly no [...]

We recently created a podcast that will appear on the blog next week. Attorney Ron Soccoli with the law firm of Brenner, Saltzman & Wallman in New Haven, CT pointed out how important the need to plan ahead has become with some recent changes that have occurred in long term care planning arena.
One of the [...]

The focus on driver safety may now shift to older drivers since many states have now enacted graduated licensing laws for teenage drivers. The fastest growing age group of drivers are people 85 or older.
Concerns being raised are that older drivers have slower reaction times, get confused and on occasion can become disoriented while driving. [...]

When you get right down to it, after doing all the research on ways around financing long term care costs, there are really three choices available to you:

Retain the Risk.  This is a viable alternative, but one that should be made with caution.  Choosing this method of financing long term care can lead to significant [...]

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