I recommend that you decide now how you will pay for your care when you are older/in poor health. The expenses can be overwhelming. (I know this from a situation that I am currently experiencing.) The risk of long-term care insurance is that you never use it. Further, sometimes you don't qualify. However, if you do, those estimates that they give you about the cost of the policy versus the cost of the care are likely true. It truly is a situation where you spend a little to save a lot. In full disclosure, I do sell long-term care insurance; however, that is not the reason for my post. I don't care where you buy the policy. I'm just watching a life savings evaporate before my eyes, and there is nothing I can do about it.
Just something to think about......
Be Prosperous!
Peggy
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