You might be thinking
“Long-term care insurance is complicated, costly and unnecessary. I’m healthy! I have family who will care for me, and I refuse to go into a nursing home, anyway. Medicare and Medicaid will cover care once I need it — why waste money on insurance?”
The odds that you’ll need long-term care are likely greater than you imagine. Seventy percent of all Americans age 65 and older will likely need some form of long-term care.
Read this article From the AARP about 10 Misconceptions About Long-Term Care Insurance.
Do you have any experience with buying Long-term Care Insurance for yourself or a loved one? Tell us about it.