Talk of The Villages Florida - View Single Post - Long Term Care Insurance
View Single Post
 
Old 07-30-2012, 08:44 AM
misky's Avatar
misky misky is offline
Senior Member
Join Date: Dec 2008
Posts: 126
Thanks: 0
Thanked 0 Times in 0 Posts
Default

They can be expensive. But I bought mine at a relatively young age of 55. The longer you wait, the more expensive. I also bought a plan that was paid off in 10 years. It was new at the time. So that I would noit have to pay when my income dropped when I retire. I think it's a wise investment. The average single person will pay over $250,000 in health care costs including preminums and copays. So the insurance is a hedge against these costs.