Long Term Care

Long Term Care Incomes News

Sales of New York Life's Guaranteed Future Income Annuity Continue to Surge ... - MarketWatch (press release)

2012-02-06
Sales of New York Life's Guaranteed Future Income Annuity Continue to Surge ...MarketWatch (press release)(4) Headquartered in New York City, New York Life's family of companies offers life insurance, retirement income, investments and long-term care insurance. New York Life Investments(5) provides institutional asset management and retirement plan ...and more »

CNA 4Q Net Income Drops 37% - PropertyCasualty360

2012-02-06
Chicago TribuneCNA 4Q Net Income Drops 37%PropertyCasualty360The company increased insurance reserves in its life segment by $148 million for its annuity and long term care business. Discussing the results during a financial analyst's conference call, Thomas F. Motamed, chairman and chief executive officer of ...CNA Financial's CEO Discusses Q4 2011 Results - Earnings Call TranscriptSeeking AlphaCNA Financial Announces Fourth Quarter 2011 Results: Net Operating Income of ...MarketWatch (press release)CNA Financial 4Q profit fallsCBS Newsall 41 news articles »

Build A Nest Egg That'll Last Until Your 100th Birthday - Business Insider

2012-02-06
Business InsiderBuild A Nest Egg That'll Last Until Your 100th BirthdayBusiness InsiderMiddle-income retirees may also want to purchase long-term care insurance in case they require assisted living or nursing home care, which Medicare alone generally doesn't cover. "Assisted living can be horribly expensive," says Frank Armstrong, ...and more »

Income annuities part of long-life economics, just avoid the traps - Palm Beach Daily News

2012-02-04
Income annuities part of long-life economics, just avoid the trapsPalm Beach Daily NewsEven if you have millions, expect rising costs for routine expenses as well as higher long-term care costs for dementia and/or other age-related health problems. These often are not covered by Medicare. ■ A mother who was younger than age 25 when you ...and more »

The Globe and Mail - Globe and Mail

2012-02-06
The Globe and MailGlobe and Mail... from people who are already retired and the unique concerns they have – everything from converting RRSPs into registered retirement income funds or annuities (a requirement at age 71) to dealing with chronic illness or entering long-term care.and more »

Groundhog Day: 7 mistakes retirees make repeatedly - The News Journal

2012-02-05
Groundhog Day: 7 mistakes retirees make repeatedlyThe News JournalThey guarantee some income, however small, and can provide soothing protection from dizzying stock market volatility. But they don't provide even a fighting chance to keep up with inflation in the long term. Most financial planners say the safer move ...AVOID MISTAKES THAT RETIREES MAKE REPEATEDLYU-T San DiegoRetirees' financial mistakesPhiladelphia Inquirerall 13 news articles »

Gingrich shunned lobbying, but hired lobbyists - USA TODAY

2012-02-06
USA TODAYGingrich shunned lobbying, but hired lobbyistsUSA TODAYAt the center, Egge "worked extensively with the Congress, executive branch and state governments on key policy initiatives related to Alzheimer's disease, as well as cancer, diabetes and long-term care," according to a bio produced after he joined the ...and more »

Does That Make $ense? You may have a hidden treasure - phillyBurbs.com

2012-02-06
Does That Make $ense? You may have a hidden treasurephillyBurbs.comYou have now converted the life policy that you don't need into an income stream of $250/month ($60000 x 5 percent) for your life that you do need. 2. Transfer the cash value via a tax free-exchange into a single premium Long Term care policy.

Should You Buy Long-Term Care Insurance? Maybe Not

2012-01-18
Private long-term care insurance can be an important tool to protect against the risk of needing costly personal assistance in old age. But two respected financial economists conclude it is very expensive relative to the benefits it provides and may not be appropriate for many buyers. At the same time, a new consumer brief from ...

Viewpoints: As economy improves, let's look at long-term budget answers

2012-02-03
After enduring a painful recession and a slow recovery, there are some good signs that growth in the California economy is finally starting to accelerate. Yet the budget deficit remains a serious issue, largely because the state is grappling not just with cyclical issues caused by the recession but with a long-term structural gap that can be traced all the way back to the dot-com boom and bust ...

The Keys to Managing Your Money for the Long Haul

2012-02-06
Life is uncertain. You can't escape risk. We all need to save more for financial safety.

US Incomes Are Rising But It's All Going on Health Care

2012-01-19
A very nice observation here from Tim Taylor. We?re all aware of the figures that show that US incomes aren?t rising, that median income has been static and so on. However, this isn?t quite the right way to measure it, just wage income. We really ought to use labour compensation and that has been rising. ...

Telling the truth when it comes to big federal deficit, slow growth

2012-02-04
The intersection of long-term slow growth and high deficits is dangerous, indeed.

Build A Nest Egg That'll Last Until Your 100th Birthday

2012-02-06
It sounds wonderful to live to 100—until you start thinking about how to pay for it. If you retire at age 65 and live until 100, that's 35 years of retirement you'll need to finance.

How to Finance Life Until 100

2012-02-01
It sounds wonderful to live to 100--until you start thinking about how to pay for it. If you retire at age 65 and live until 100, that's 35 years of retirement you'll need to finance. Here are some ways to build a nest egg that will last you until age 100.

January Jobs Report Reflects Hope a Recovery Is Blooming

2012-02-03
The front wheels have lifted off the runway. Now, Americans are waiting to see if the economy can truly get aloft.