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Subject:  Preparing for Retirement Date:  5/18/2005  6:07 PM
Author:  LeRoy105 Number:  9797 of 21932

Looking baack with hindsight, what is the single most important thing to do preparing for retirement?

My wife and I protected our nest egg by taking out long-term health care insurance, and asking our son to do the same.

The importance of this came home to me as my mother's estate was depleted by $300,000 over the five-year period she lived in a nursing home.
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