Need long-term care but never planned for it? Here's a loophole [USA TODAY]
Genworth Financial Inc (GNW)
Last genworth financial inc earnings: 10/29 05:10 pm
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Source: USA TODAY
What are the biggest updates at the moment? AI Overview Full Summary A Medicaid annuity can quickly make a spouse eligible for Medicaid long-term-care benefits while converting excess savings into a monthly income, providing a workaround for retirees who have not planned for steep health-care costs. One of the biggest wildcards in retirement is what health care will cost, but many Americans still don't plan for it. Nearly 8 in 10 (78%) of Americans say they're concerned about the impact of rising healthcare costs on their retirement, according to a D.A. Davidson survey of more than 1,000 adults in February. Six in 10 Americans also said they know a retiree who's struggled with healthcare costs. Yet, fewer than half (48%) have factored these increasing costs into retirement planning, the survey said. Since tomorrow is never promised, many Americans who put off planning could face a health care emergency that derails their travel, leisure and other retirement plans, advisers
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GNW
News
- Genworth Financial Schedules Earnings Conference Call for May 6Business Wire
- Need long-term care but never planned for it? Here's a loophole [Yahoo! Finance]Yahoo! Finance
- Why $2 Million Is the New $1 Million for Retirees in These 10 Cities [Yahoo! Finance]Yahoo! Finance
- Genworth Financial (GNW) had its "outperform" rating reaffirmed by Keefe, Bruyette & Woods. They now have a $10.50 price target on the stock.MarketBeat
- A Medicaid 'spend down' may get an older person long-term care coverage but isn't a DIY strategy [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
GNW
Analyst Actions
- 3/26/26 - Keefe, Bruyette & Woods
GNW
Sec Filings
- 4/6/26 - Form ARS
- 4/6/26 - Form DEFC14A
- 4/6/26 - Form DEFA14A
- GNW's page on the SEC website