I'm 68 and My Long-Term Care Insurance Now Costs $600 Per Month. Is This Too Much? [Yahoo! Finance]
Genworth Financial Inc (GNW)
Last genworth financial inc earnings: 10/29 05:10 pm
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Source: Yahoo! Finance
You pay $600 per month in premiums and tell yourself it's a good investment, considering how expensive long-term care can be. Consider working with a financial advisor if you need additional help planning for long-term care and other needs you'll have later in life. The problem? Your premiums are well above the average monthly cost of long-term care coverage. Here's what you should be thinking about if you're interested in buying long-term care insurance or evaluating whether you're paying too much for it. What Is Long-Term Care Insurance? Long-term care insurance helps pay for extended or residential treatment such as in-home care (like a home health aide) or residential/custodial care (such as a nursing home or assisted living). Long-term care insurance generally doesn't cover medical bills outside of the extended treatment itself. For example, if you stay in a nursing home and need to see the doctor, your long-term care insurance would pay for the nursing home while healt
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News
- 5 surprising long-term care insurance benefits you should know [CBS News]CBS News
- The 5 ‘big money' mistakes retirees (almost) always regret in 2024 [Yahoo! Finance]Yahoo! Finance
- The No. 1 mistake people in their 50s make with their money, according to a CFP—and how to fix it [CNBC]CNBC
- Genworth Financial, Inc. (NYSE: GNW) had its price target raised by analysts at Keefe, Bruyette & Woods from $6.50 to $7.00. They now have a "market perform" rating on the stock.MarketBeat
- CEOs are becoming more optimistic about the future. AI is a big reason why [Yahoo! Finance]Yahoo! Finance
GNW
Sec Filings
- 4/26/24 - Form 13F-HR
- 4/17/24 - Form PX14A6G
- 4/11/24 - Form S-3ASR
- GNW's page on the SEC website