Quote:
Originally Posted by billethkid
I don't subscribe to LTC premiums being a lot of money for something that may never be used.
Like home owners insurance?
Car insurance?
Rx insurance?
To name a few almost all of us have.
I personally do not accept the default of going broke and having medicaid is an acceptable alternative.
Like the other insurances in our lives....all just in case...I prefer to add LTC to my list. To me I want some control over the type and quality of where I will be treated/housed.
If I never have to use it it will be a plus. Like all the automobile premiums paid year in and year out for 60 years and happy to not have had to make a claim.
I have LTC for the wife and I. We have been fortunate these many years to not have to use it!!
Like so many things as we age, it is all about personal choices, finances, peace of mind (and affordability).
|
Sound advice. A financial advisor will tell you that LTC is an essential part of your financial picture even if he or she does not offer it.
Sent from my VS995 using Tapatalk