The long-term care (LTC) insurance industry has faced significant financial strain over the years, resulting in a troubling trend for policyholders: premium increases and reduced benefits. This shift is due to a combination of factors, including demographic changes, unexpected claim patterns, and poor initial pricing. We’ll discuss why and what might make sense from a […]
The Forgotten Account – Health Savings Accounts (HSA)
When we think about saving for retirement the only accounts that come to mind usually are 401(k), IRAs and Roth IRAs. We very rarely think about the usefulness of a health savings account (HSA). One of the biggest expenses retirees have to face is the cost of […]