3 ms·
Yes indeed. Part of the problem is having “insurance” draining part of the resources. Long term care means it isn’t an “accident,” but a constant recurring co
by mixmastamyk 1y ago
Yes indeed. Part of the problem is having “insurance” draining part of the resources. Long term care means it isn’t an “accident,” but a constant recurring cost. Saving the money up front, producing income, and paying directly for what you need is often a better strategy.
- esseph 1y agoI think this underestimates the "cost" of LTC. And also doesn't consider when the LTC starts. It could start at any time, even before working age.
- mixmastamyk 1y agoCompanies are not in business to lose money, and you have to fight them to collect. That there are some low probability exceptions is not enough in their favor imho.