I've been torn about getting LTCI. I do have an advantage of getting a group policy through my retirement plan, which self-insures. So far there has not been a premium change over the past 8 years (period I've been looking), so their experience so far has been good. Of course, that can change as more baby boomers retire and age.

While we might have enough income to support 3-4 years of LTC, we don't have enough to also support the non-LTC spouse. This will likely be the reason why we get LTCI. When there is only one of us left, the LTCI policy will be evaluated and depending on assets available, income and health, it will be kept or dropped.