Dear Toni: I am retiring in January, when I turn 70 and my wife, Sharon, will be 66. I have heart issues with atrial fibrillation, and Sharon is a diabetic. Last month, we each applied for a long-term care policy and were denied due to our health. The agent who helped us search for long-term care insurance plans said that people over 60 find it difficult to get accepted.

Our concern is that my two younger brothers and I are paying about $9,000 a month to an Alzheimer’s facility for our father’s care. Can you please explain other long-term care options that we can explore, because my father’s rate would drain our retirement. My wife and I do not have a plan in place should we need extra financial help since we were not approved for a long-term care policy. — Jeff, Dallas

Dear Jeff: In the

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