Critter Corner: More than Half of Adults are Unprepared, Confused, and Anxious about Long-Term Care

Dear Angel,I follow Mr. Farr’s newsletter and understand the need to plan in advance for long-term care, since it’s only getting more expensive. Others I know do not see this as a priority. Is the lack of preparation in … [Read more...]

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Critter Corner: Can I Use a Health Savings Account to Pay for Long-Term-Care Insurance or a Hybrid Life Insurance Policy?

Dear Angel,I have a Health Savings Account through my work. Can I withdraw money tax-free from my health savings account to pay my long-term-care insurance premiums? If I can, is there a limit to the amount I can use? Does it … [Read more...]

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70% of Americans turning 65 will need Long-Term Care

Correction: The title of our newsletter is incorrect. It should be "One in seven adults will have a disability for more than five years." We  apologize for this error! Photo from homeaidescny.org A … [Read more...]

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Will the Government Pay for My Long Term Care?

A study by the U.S. Department of Health and Human Services says:"people who reach age 65 will likely have a 40 percent chance of entering a nursing home.  About 10 percent of the people who enter a nursing home will stay there … [Read more...]

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