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For example, at today's prices, a 40-year-old married man might pay $1,419 a year for a policy covering three years of care, versus $5,138 for a 70-year-old married man. If each goes into a nursing home at 84, the younger man will have paid a total of $62,430, while the older one would have paid $71,932.

This is exactly what I've been wondering about. We are 38, and people keep telling us that we are way too young to buy LTC. But the premiums would be so much lower if we buy it now versus buying it when we're 50 or 70.

Right now, it would cost us $38 per month. At age 50 it would cost $75 per month, and at age 70 it would be $250. If we went into a nursing home at age 80, here's what we would have paid in premiums according to when LTC was bought:

Age 38--$19,152
Age 50--$27,000
Age 70--$30,000

So, is it prudent to buy LTC at a younger age?
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