Is Long Term Care Insurance Worthwhile?
- 61667 POINTSview profileSteve SavantSyndicated Financial Columnist, Host of the weekly talk show Steve Savant's Money, the Name of the Game, Scottsdale ArizonaThe #1 risk to retirement is living too long. The longer we live the possibility of running out of adequate retirement income increase. And with that increase comes the high probability of needing assisted living or even nursing home care. Extended living will impact elder care costs, so long term care insurance can help mitigate those costs.Answered on September 5, 2013flag this answer
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