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Originally Posted by rjn5656
Just retired (59) and financial planner showed me a long term care insurance plan. Wonder what the thoughts out there on these plans are? Asked most of my retired friends and none of them purchased.
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I would tend to get one (I have one) but be sure to get several quotes and make sure you know what in home and out of home expenses are covered. There are some new annuity/LTC and or life insurance and LTC plans around so be sure to look at them. Also some large insurance co's have stopped writing them so make sure you have a good insurance company to behind the policy.