If you had to go into a long-term care facility today, how would you pay for it? Maybe you do not like paying premiums. I get it. Who does? However, better solutions exist today than in the past. Long-term care is no longer a “user it or lose it” endeavor. In addition, there can be great leverage on transferring the risk to an insurance company as compared to simply paying for long-term care out of pocket.
You owe it to yourself and your family to revisit the long-term care conversation.
Information in this material is for general information only and not intended as investment, tax or legal advice. Please consult the appropriate professionals for specific information regarding your individual situation prior to making any financial decision.