Think You Don’t Need Long-Term Care? Don’t be Shortsighted!

Robert Remin - Think You Don’t Need Long-Term Care? Don’t be Shortsighted!Long-term care is a critical part of anyone’s overall financial plan. As we age, the odds for long-term care increase significantly. Unless you have an excess of wealth, it makes sense to have a long-term care insurance policy.

Skeptics frequently say, “Well, if I take that money I was going to put into long-term care insurance, and invest it properly and earn X%, in 20 or 30 years, I might have the same amount of money that I would have in a long-term care policy.” That may be true, but they’re taking risks by forfeiting the structure, support, and stability of an insurance product.

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