We're seeing that women face a significant risk of needing care for an extended period as they age.  Actually, statistics show that women receive 66% of all long term care benefits paid by insurance companies.  That is why we now are seeing "gender specific" ratings for those who choose to purchase LTC insurance.  Planning to live a long life is important to everyone, and especially for women.

Many are confused about when to enroll in Medicare when they are turning 65.  You will automatically be enrolled in Medicare Part A (hospital) if you have worked at least 40 quarters over the years.  Part B, however, is different.  If you are currently receiving social security income, then you will automatically be enrolled.  If not, you will have to voluntarily enroll in Part B yourself.  You can enroll up to 90 days ahead of the effective date