New Research Shows All LTC Protection is Not Created Equal

Asset-based long-term care stands out as leading option for consumers due to premium and benefit guarantees

A recent concept report based on research by Wade Pfau, Ph.D., CFA, and Michael Finke, Ph.D., CFP® illustrates the impact of various types of long-term care (LTC) protection on retirement income. The concept report, 'Planning for Every Possibility,' compares outcomes from self-funding LTC, health-based LTC insurance and asset-based LTC protection for two hypothetical couples at different stages of preparing for retirement.  Using averages for various levels of care at today’s costs, the  more...