Deciding between a stand-alone or hybrid long-term care policy can be confusing. We asked ChatGPT for advice, then had a licensed long-term care insurance specialist review its answer line by line.

Long-term care insurance offers financial protection for future healthcare needs, but weighing the premiums against potential ...

The time has come to try artificial intelligence over intuition in one critical financial decision: covering the costs of long term custodial care. With the rising costs of custodial care, any family ...

“We’ve been paying into long-term-care insurance since we were in our mid-50s,” said a friend, now in her late 60s. “But with all of the premium increases, we might have been better off just investing ...

We independently evaluate all of our recommendations. If you click on links we provide, we may receive compensation. Myles is a former senior insurance editor for Investopedia. He oversaw the strategy ...

A long-term care rider gives you access to your life insurance payout while you’re still alive to help pay for long-term care ...

A comprehensive guide to long-term care insurance costs, coverage options and whether it’s right for you.

Adriana Falcón Trafford took out a long-term care insurance policy in 2001. When she signed up for the plan, the annual premium was $2,608. Now, it’s close to $7,000. Credit: Shahrzad Rasekh / CT ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. And, as the population ages, the price of long-term care won't be the ...

Forbes contributors publish independent expert analyses and insights. Bob Carlson researches all facets of retirement finances. Long-term care (LTC) and insurance for it (LTCI) are two of the most ...