As millions of people approach their pre-retirement years, life insurance as an income replacement hedge may become less of a necessity. Many families have paid off/down mortgages, built sizeable nest ...

I often talk about “bucketing”—structuring a portfolio based on anticipated spending needs—in relation to overall retirement spending. Parking near-term spending needs in cash, intermediate-term ...

We pick the best long-term care insurance companies of 2026, including New York Life and Mutual of Omaha.

Most investment portfolios are designed with growth as the primary objective. But in retirement, especially when considering long-term care needs, your portfolio must serve multiple masters. After ...

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 ...

The U.S. has some of the highest elder care costs in the world and Medicare won’t cover them all. Discover ways to plan for the care of those you love as they age.

Vikki Velasquez is a researcher and writer who has managed, coordinated, and directed various community and nonprofit organizations. She has conducted in-depth research on social and economic issues ...

About 1 in 7 Americans will spend at least $100,000 out of pocket for long-term care. Health insurance generally doesn't cover long-term care services, and Medicare doesn't cover most expenses. Not ...

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