Kiplinger’s: Annuities Can Help Clients Afford Long-Term Care

March 18, 2019 by Richmond Times-Dispatch (VA)

Long-term-care costs can shatter your retirement nest egg, but here are some ways to pay for these potentially big bills.

Traditional long-term-care policies: These are usually the most efficient way to cover costs if you end up needing care.

You choose the daily or monthly benefit and the benefit period, and usually an inflation adjustment of 3 percent per year.

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Originally Posted at InsuranceNewsNet on March 17, 2019 by Richmond Times-Dispatch (VA).