Healthcare costs consume a growing share of retiree budgets over time. Because they typically rise at a rate higher than inflation, do healthcare expenses deserve their own bucket within the portfolio?Some experts say yes, that from a behavioral and financial...
As we get older and our health declines, the greater the chances are that we will require home care, nursing home care, or other assisted-living arrangements. This care is quite expensive, and Medicare, HMOs, and Medigap don’t pay for it. You might want to look into purchasing long-term care insurance (LTCI) to protect your assets in case you need long-term care.
Term Whole Life Universal Life Variable Life Variable Universal Life Premium Premiums increase at each renewal Level Flexible Level Flexible Coverage Usually renewable until at least age 70; sometimes to age 95 For life Death benefit Guaranteed Guaranteed May be...