Quote:
Originally Posted by Chi-Town
Long term care insurance should be part of a retirement plan. You have to be a pauper to get medicaid.
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Continuing Care Retirement Communities (CCRC's) are a great alternative to (and negate the need for) long term care insurance. Each method of prudently preparing for the future has its pros and cons. Of course, the ideal is to accrue enough wealth to self-insure.