Why Is Long Term Care Insurance Needed?
61667 POINTSview profileSteve SavantSyndicated Financial Columnist, Host of the weekly talk show Steve Savant's Money, the Name of the Game, Scottsdale ArizonaThe number risk to retirement is human longevity. Life expectancy is ever increasing with medical technology as well as better diet and exercise. But later on in your senior years you may need assisted home care and/or nursing home confinement. Long term care insurance can mitigate those costs, so you can keep more of your money.Answered on August 2, 2013flag this answer.JPG)
63333 POINTSview profilePeggy MaceMost of the U.S.Long term care insurance is needed to protect assets and assertion. It is easy to have both slip away from you as you age. Long Term Care Insurance gives you the funds to pay for the care you want, so that you don't have to spend your hard earned money on care you don't want.Answered on August 2, 2013flag this answer
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