Managing your finances in retirement can be surprisingly tricky. After all, in 2021, the average income for individuals 65 and older was $55,335 per year, according to the Bureau of Labor Statistics ...

Running a nursing home involves constant responsibility. From caring for residents to managing staff and meeting compliance ...

Forbes contributors publish independent expert analyses and insights. I am the President of Diversified, a CFP and author. Without the right protection in place, even the most well-crafted retirement ...

Retirement is the perfect time to simplify your life — and that includes your insurance. But knowing which policies to keep, drop or tweak isn’t always obvious. Some coverage becomes less necessary ...

Question: Sorting out long-term care is a top concern as I approach retirement. However, I'm not sure how to best manage the expense. Is long-term care insurance worth it? Answer: The affordability of ...

Long-term care costs like nursing home care can quickly drain retirement savings. Medicare provides little help paying these ...

At any age, health care is a priority. When you retire, however, you will probably focus more on health care than ever before. If your employer doesn't extend health benefits to you, you may need to ...

When planning for retirement, most people focus on the big stuff — Social Security, 401(k)s, pensions and IRAs. But there’s another powerful tool flying under the radar: whole life insurance. While ...

Although 98% of seniors 65 and over have health insurance, close to four million have unpaid medical bills, according to 2023 data from the Consumer Financial Protection Bureau. That's because most ...

Using a life insurance policy with a cash value can provide another income stream during retirement. However, this is a more complex form of retirement saving that you’ll want to approach carefully.

Retirement math isn’t simple when nursing home prices climb into five digits.