No. of Recommendations: 2
I continue to believe folks are better off keeping the LTC premium in their own investment accounts and cutting the insurance company out of the process
Statistically, that should work, just like self-insuring your auto coverage should work - unless you're one of the unlucky few who has a catastrophic event. In which case, your investment accounts will be depleted before your time is up. You don't have to be very old to have a disabling but not lethal event, like a spinal cord injury or a stroke, for example.

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