Great article from Morningstar by Christine Benz about making a sound decision about whether to opt for long-term care insurance, which involves weighing the probabilities. Is it worth it to pay the premiums for many years--and risk premium increases or benefit cutbacks along the way--in exchange for the peace of mind that your nest egg won't be wiped out to pay for your care at the end of your life? To read more click on the link below.
https://www.morningstar.com/articles/564139/40-mustknow-statistics-about-longterm-care.html
Contact me at (941) 404-5334 to discuss your long term care options and/or get you started on the right track of getting yourself insured.