“The Real Reasons People Decide to Buy Long-Term Care Insurance,” by Dennis Ho, Kiplinger

 

Quote:

“Before you dig into costs, benefits and contingency plans, step back and look at the big picture. This decision is bigger than budgets and life-expectancy tables. It’s about your family and your wishes for them as well as yourself.
Reason 1: I don’t want my care to become a burden to my family.

Reason 2: I want to ensure I save what I’ll need for retirement – and protect my hard-earned assets.

Reason 3: I want to ensure I have choices when it comes to my care.”

 

 

LTC Comment (from Stephen A. Moses, President, Center for Long-Term Care Reform):

Simple but valuable reminders from Kiplinger.