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 ...

Why we chose it: We chose New York Life as the best long-term care insurance company for financial stability because it has ...

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 ...

Stand-alone long-term care insurance policies have been waning in popularity, owing to a combination of skyrocketing premiums and difficult claims experiences by consumers. In their place, so-called ...

Medicare does cover skilled nursing care for up to 100 days, but only under limited circumstances, such as when you've just ...

Medicare may end a person’s skilled nursing facility (SNF) coverage if the care is no longer medically necessary or if they use all their covered days in a benefit period. An SNF is a care facility ...

Planning for retirement isn't just about how much you've saved. It's also about how you'll handle the expenses you can't fully predict. And, one of the biggest unknowns for older Americans today is ...

Long-term care insurance can ensure you have the help you need for day-to-day living. There are three main types of long-term care insurance, and which one is best for you will depend on your ...

Dear Savvy Senior, Can you give me some tips on picking a good nursing home for my father? Since his stroke, I’ve been taking ...