How Necessary Is Long Term Care Insurance?

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   David RacichPRO

   Fountain Hills, Arizona

   The average American retired couple will pay $250,000 in medical and extended care over their retirement. The life expectancy of baby boomers will more than likely exceed those of their parents by ten years. Retirement funds will be stretched thin for regular domestic monthly bills, that donot include extended care.
    

   Answered on June 21, 2013

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