While estate planning is often associated with wills and trusts, Medicaid and long-term care plans can play a crucial role in ...

Most people don’t think about the possibility of needing long-term care one day. However, as we age, the likelihood of requiring assistance with daily living tasks increases. According to an HHS ...

Have you ever had a client say, “I will use my assets if a potential long-term care need arises” or “I don’t have a plan if my parents need care”? These statements should be recognized as a need for ...

A 50-year-old man today has a future life expectancy of around 28 years. For women, that number increases to 32, according to the Actuarial Life Table data collected by the Social Security ...

Christine Benz: Hi, I’m Christine Benz for Morningstar. Carolyn McClanahan will be joining me, along with Jean Chatzky, at the Morningstar Investment Conference in late June. We’ll be discussing ...

Caring for aging parents can be one of the most rewarding yet challenging roles many of us will take on. As parents grow older, everyday tasks can become more difficult for them to manage alone, and ...

Imagine you’re at the pinnacle of your career, and a sudden stroke forces you to learn how to walk again. This situation was reality for one of Tammy Fraser’s clients that highlighted the need for ...

The missing link in long-term care planning isn’t only about products or strategies, it’s about people’s mindsets. Changing one’s attitude is the critical first step in transforming a reactive, crisis ...

Comprehensive long-term care planning is about creating options. When you address these needs proactively, you maintain control over your choices and preserve your family's financial future. When most ...

Millennials and Gen Z adults continue to flock to the F.I.R.E. movement. By prioritizing frugality, high savings rates and ...

As long-term care expenses in New York continue to climb, many families are left unprepared for the financial impact. New ...

Most Americans fear a financial crisis could upend their retirement—but still haven’t planned for it. Here’s how to build a ...