ResNullius writes,<<<The presenter said that if you had about $1M of assets (excluding your house) when you retired, that you'd be just as well off without a LTCI, jusr self-insure instead.>>>This is almost exactly what Consumer Reports has been saying for years, including it's most recent update ofn LTCI. If you want to read a balanced analysis of LTCI, I would strongly recommend the series of articles in CR. You can access them at no charge at almost any public library. </snip>I second the recommendation of the Consumer Reports article.On the other side of the coin, if you have less than $300,000 in assets, a long stay in a nursing home would likely still bankrupt you even if you have LTCI. So why bother with the insurance?intercst
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar<