Why Have Long Term Care Insurance?

  1. 61667 POINTS
    Steve Savant
    Syndicated Financial Columnist, Host of the weekly talk show Steve Savant's Money, the Name of the Game, Scottsdale Arizona
    The #1 risk in retirement is living too long. If we live too long, our retirement funds may need to stretch beyond it's account balance with everyday living expenses ever increasing via inflation. But if we're living longer than we also likely to need assisted living care at home and/or nursing home confinement.
    Answered on August 30, 2013
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