Reported 1 day ago
As a 64-year-old man prepares for retirement with $1.5 million saved, he faces the important decision of whether to purchase long-term care insurance due to his chronic health condition. With potential costs rising sharply as he ages, especially given his diabetes, the article discusses the implications of waiting to buy insurance, the affordability based on his current financial situation, and highlights that while long-term care insurance could provide peace of mind and financial protection, it comes with rising premiums and eligibility concerns.
Source: YAHOO