Talk of The Villages Florida - View Single Post - Long Term Care Insurance - Opinions Wanted
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Old 10-21-2017, 12:22 PM
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Default Long Term Care Insurance - Opinions Wanted
I wasn't sure if I should post this in the Non Villages Discussion or the Medical and Health Discussion.

I have been doing a little research on long term care insurance, and I will be going to a presentation in November about it.

Would appreciate any feedback regarding LTC. Worth it or not? I haven't heard what the monthly rate is, I believe it varies on what kind of coverage one chooses to purchase.

I'm a little reluctant to shell out money for insurance I may never use. If I drop dead suddenly at age 78 and never need long term care, what happens to the money I shelled out for 21 years to pay the premiums? I think this money could be put to better use going into my current employer's 401K plan or into the rollover IRA I opened 2 year ago with the money from my former employer's 401K and pension plans.
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