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- Do they have appropriate long-term care insurance in place? Medical insurance?

Just prior to turning 55, I applied through AARP's long-term care insurance program (with MedLife), which at the age of 54 is $34.06 per month (if the checking account is debited). The coverage is $3,300.00 per month for nursing home/assisted care - lifetime - no inflation protection, but that can be added. Due to the depletion of my mother's assets from nursing home care (she now lives with me), I was determined this would not happen to me.
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