Insurance companies across the country, specifically those that offer long-term-care policies, have been working with state insurance regulators to drastically increase premiums for many individuals who may have older policies. Why? It comes down to two primary reasons: 1. Insurance companies badly overestimated the predicted number of policy lapses. They expected a higher number of policy holders to allow their ...

In a previous article for this site, you learned a few methods for calculating your retirement number, the amount of savings you will have to accrue to maintain your standard of living after retiring at 65 years old. For many Americans, that number may be intimidating. Even the most conservative estimated retirement savings goal for a worker earning $100,000 in ...