“Countdown to Retirement: 10 Years Away,” by Eileen Ambrose and Sandra Block, Kiplinger

“You could pay the bills out of pocket (in other words, self-insure) if you have the assets. Or consider long-term-care insurance. Consumers often worry that premiums will skyrocket over time or that they will buy the insurance and never use it, says John Ryan, a CFP with Ryan Insurance Strategy Consultants in Greenwood Village, Colo. People who bought policies decades ago were shocked to see steep increases later. But today’s policies are more accurately priced—meaning premiums are higher—than those issued back then, and actuaries are not forecasting severe premium hikes in the future, says Ryan.”

LTC Comment (from Stephen A. Moses, President, Center for Long-Term Care Reform):

Take this message—that “actuaries are not forecasting severe premium hikes in the future”—to clients and prospects with Kiplinger as a trustworthy source.