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Investing/Strategies / Retirement Investing
|Subject: Re: Big Problems wth LongTermCare Insurance||Date: 7/10/2013 3:12 PM|
|Author: AngelMay||Number: 72535 of 77293|
LTC is another scam I'm glad I avoided.
It's interesting that almost every investing website/company encourages people to get long-term care insurance. Even when they don't, themselves, sell it. I'm not sure why.
Insurance is one of the most costly rip-offs in this country.
It's a bet you make against yourself. Either way, the insurance company wins. If you just paid all those premiums to yourself over the years, you'd probably be way ahead - with the exception of catastrophic healthcare insurance.
Or so it seems to me.
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