No. of Recommendations: 5
I am 72 and have never had life insurance in my life.

I explored long term care insurance in my fifties and concluded that if I took on the premiums, my risk would shift from "maybe going broke later due to care expenses" to "maybe going broke from paying LTC premiums". I decided to self insure this risk since no one in my family since 1800 has ever needed LTC.

Just saying...
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