As the advisory community continues to stress the importance of planning for Healthcare In Retirement and Long-Term Care, the "source material" for our recommendation is often requested. As such, we have compiled various research and white papers, often referred to in our work, to help you better understand the macro viewpoints we try to condense for you and your clients on this website.
We have provided an abstract for each piece below, but you're welcome to click on the links to view the full content of the information you would like to review.....
Co-authored by Wade D. Pfau, Ph.D., CFA and Michael Finke, Ph.D., CFP® , this second-in-a-series whitepaper provides exceptional insight on LTC protection and consumer behavior. Illustrated by their research, Dr. Pfau and Dr. Finke outline the value of asset-based LTC protection vs. traditional LTCi and self-funding.
Often cited by The Wall Street Journal, The New York Times, and Forbes, both authors have received numerous awards for their research in retirement planning. This whitepaper is an excellent tool for financial professionals looking to help clients mitigate the retirement income risks posed by long-term care costs.
Over the past several years, the spike in the cost of health care and insurance premiums has been alarming. Many employed individuals have had at least a portion of these increases covered by their employers. However, once retired, a meaningful portion of the cost may have to be borne by retirees themselves. This paper is intended to provide a backdrop of the current health insurance landscape for retirees.
Understanding the differences between chronic illness rider designs along with the differences between long-term care products is crucial in providing an appropriate product for your clients. There are many nuances to these different designs. It is essential that you are aware of these distinct features and benefits if you’re working on a long-term care plan with clients.
Fidelity Investments’ biennial Family & Finance study (previously known as the Fidelity Investment's Intra-Family Generational Finance Study) is unique because it surveys parents and their adult children separately on a range of financial and retirement planning topics to identify their level of agreement.
The demand for long-term care services will explode as the population ages and more people live longer with chronic conditions. Who will pay for these services and how will they be delivered?
In the context of changing demographics, the increasing cost of healthcare services, and continuing federal budgetary pressures, Medicare has become one of the most controversial federal programs. To facilitate an informed debate about the future of this important public initiative, this article examines and debunks the following ten myths surrounding Medicare.
Long-term care expenditures constitute one of the largest uninsured financial risks facing the elderly in the United States and thus play a central role in determining the retirement security of elderly Americans.
Long-term care is a broad umbrella term for a wide range of supportive and health services for individuals whose physical and/or mental impairments do not allow them to perform basic functions of daily living independently.