RSS Feed for This PostCurrent Article

When Should You Get Long Term Care Insurance?

 

At what age should you consider getting long term care insurance?

Many experts recommend a  long term care policy anytime after age 50.

Waiting past age 65 may create difficulties because your premiums will be higher and you may not be able to  pass the medical requirements.

However, long term care insurance policies can be especially useful  for many seniors  who want to stay in their own homes, although many policies can be used in nursing homes too.

See Consumer Reports' Do You Need Long-Term-Care Insurance?  

Popularity: 7% [?]

Grow Old with Grace:
  • Digg
  • Technorati
  • del.icio.us
  • Facebook
  • NewsVine
  • Reddit
  • StumbleUpon
  • Google Bookmarks
  • TwitThis
  • Live
  • HelloTxt
  • Ping.fm
  • LinkedIn
  • Diigo
  • MySpace
  • FriendFeed
  • Propeller
  • Yahoo! Buzz
  • Print
  • email
  • PDF
  • RSS


Tags: , , ,

APA Related Posts
  • rockingchairAging Baby Boomers Changing Long Term Care Nursing homes are out, and long term care and assisted living will be in for aging baby boomers. Statistics show seven out of ten baby boomers born during the years 1946-1964 will need some kind of long term care after age 65. But it's all about how that care will......
  • taking care of aging parentsWhen Taking Care of an Aging Parent Becomes Exhausting Taking care of your aging parents is becoming exhausting.  How  can  you cope?  What are some of the things you can do to regain a small piece of your own life?  How do you deal with it all emotionally?  Here are some tips. 1. Take care of yourself Having a......
  • How to care for your aging parents explainedA Social Worker Gives Good Advice for Taking Care of Aging Parents Social worker Dawn Mathews has an info- packed article about caring for your aging parents. Because of her training, Dawn has been able to spot many aging problems involving her 81-year-old Dad early. She tells about such details that we should be on the look-out for such eating properly and......
  • 5 Exciting New Innovations for Bettering the Lives of Aging Seniors  What will be the future for aging seniors facing retirement?What are the new physical and psychological changes which will effect people over 60 the most, and what is being done to improve their lives?With 8000 seniors turning 60 daily, more new products and ideas are flooding from pioneers and businesses......
  • 3 Reasons Why Adult Day Care is Gaining Popularity  Yesterday we talked about some of the  most serious problems with nursing homes.  Since the government is cracking down on elder abuse in nursing homes are there other alternatives for your aging parents?Adult day care may be a good option if you want more supervision over your aging parents' care, but......


APA Related Websites
  • life_insuranceLife Insurance Strategies for Baby Boomers Many baby boomers have been paying for one or more life insurance policies for most of their adult lives.  As children grow up and move out, the need for life insurance diminishes.  Even an otherwise dependent spouse may not need as much or any life insurance protection.  Instead, accumulated retirement......
  • blog traffic exchangeTime for a Closer Look at Long-Term Care Insurance Mr. ToughMoneyLove is looking again at long-term care insurance.  So should many of you.  I will tell you why in a minute.  First, let's deal with a misconception that you may have..... Long-Term Care Insurance is Not Just for the Elderly Before you browse away from this page thinking that......
  • blog traffic exchangeWork At Home Jobs Can Be A Good Fit If you've ever been unemployed for an extended period of time, the wait to find another job can be excruciatingly slow. There are so many jobs, and so many positions, that are simply not available to you. When it's posted and you apply, weeks later you get a kind note......
  • rentRent or Own - What's Best Right Now? The housing market has many people concerned right now and one of the most popular questions is whether or not this is a good time to buy a home. Unfortunately, there is no clear cut answer to this question, and each individual’s financial state will determine the answer. However, there......
  • builtinRestoring Built-Ins If your home is from the arts and crafts era, or if you have built-ins that are looking a little worn, restoring them is not as difficult as you may think. Built-ins are incredibly useful but they are often overlooked by many home owners. Here are some great tips to......

Trackback URL

  1. 1 Comment(s)

  2. By LTC Connects on Aug 29, 2008 | Reply

    Keep in mind long term care insurance rates go up the longer you wait, in some cases pretty significantly. For example, the monthly premium can go from $150 at the age of 50 to over $380 per month at the age of 70. Also, nearly 39% of those needing long term care are between the ages of 18-64. It's never too late to get long term care insurance, but do your homework before buying anything!

Post a Comment

CommentLuv Enabled