Personal Finance Advice and Commentary

Tuesday, October 26, 2010 2:58 pm
By Jennie L. Phipps ·

The cost of nursing home, assisted living and adult day care costs all rose in 2010 from 2009, according to MetLife Mature Market Institute’s annual survey, released today. The numbers here are enough to send most people’s retirement planning into a tailspin. Key findings includ: The national average daily rate for a private room in a

Thursday, July 15, 2010 4:48 pm
By Jennie L. Phipps ·

My husband and I paid our long-term care insurance this week, and I nearly fainted when I saw the bill. For the two of us — I’m 59 and he’s 64 — we paid almost $3,500. In my book, that’s a lot for a year’s worth of insurance — especially for two people who are