Reported 12 months ago
During a podcast episode, Suze Orman critiqued a 72-year-old caller's financial advisor for suggesting to convert her insurance policy to cover long-term care costs, potentially risking the loss of premiums paid over the years. Orman advised against following this advice, emphasizing the importance of making informed decisions and consulting with experts like Phyllis Shelton before opting for long-term care insurance policies.
Source: YAHOO