Articles on Stock markets

News, Research and Analysis

Help Center
Introduction
Investment Portfolios
Investment Terminology and Instruments
Technical Analysis and Trading
Cryptocurrencies and Blockchain
RetirementSocial Security BenefitsLong-Term Care InsuranceGeneral Retirement InfoHealth InsuranceMedicare and MedicaidLife InsuranceWills and Trusts
Retirement Accounts
Personal Finance
Corporate Basics
How Much Will Long-Term Care Insurance Cost?

How Much Will Long-Term Care Insurance Cost?

The cost of long-term care insurance varies depending on the policy and the age of the insured. Generally speaking, however, the insured can expect to pay between a hundred to several hundred dollars a month. Typically the total cost adds up to at least a few thousand dollars per year.

Furthermore, you will be required to continue paying the premium through your retirement (until you begin using the insurance), and if you fail to pay the annual fee, you might lose some or all of your coverage (regardless of how much you have paid up to that point).

Therefore, it is important to make sure that your financial plan accounts for the need to consistently make payments from now until you need the benefits, if you ever do.

How Much will Life Insurance Cost Me?
Do I Need a Financial Advisor?
What is a Good Financial Advisor?

Keywords: financial planning, medical expenses, retirement, long-term care insurance, insurance premium,
What does Ticker Mean?What is a long position in options trading?What are futures contracts?What is defined as a market correction?What is the Federal Energy Regulatory Commission?Channel Up (Bullish)