Who Should Not Purchase Long Term Care Insurance?

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   David RacichPRO

   Fountain Hills, Arizona

   Long term care insurance is a necessary part of retirement planning for nearly everyone. If your family has a predisposition for short life expectancy before retirement age, then long term care insurance may not be a priority. If you have liquid assets that can be set aside to the tune of $500,000 for assisted living and/or nursing home care, then long term care insurance may not be a consideration.
    

   Answered on July 17, 2013

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