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URL:  https://boards.fool.com/2gifts-analyzes-it-costs-us-around-3600-per-year-31266563.aspx

Subject:  Re: What My Financial Adviser Recommends Date:  5/28/2014  2:49 PM
Author:  intercst Number:  75089 of 102380

2gifts analyzes,

It costs us around $3600 per year to insure both DH and me for LTC. FIL spent about 2 years in a nursing home, and his estate owes Medicaid close to $200,000 to pay for that,

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Then again, if you invest that $3600/yr at an 8% return over 30 years, you get $408,000. You could reimburse Medicaid with enough left over to buy a boat or an airplane.

intercst
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