Question: Illness can dramatically impact a persons ability to achieve a specific financial goal. An aging society and health treatments and pharmaceuticals that extend lifespans increase
Illness can dramatically impact a persons ability to achieve a specific financial goal. An aging society and health treatments and pharmaceuticals that extend lifespans increase the likelihood that many people will enter long-term care facilities for an extended period of time.
Consider the cost of long-term care insurance. Is there a cost-benefit to purchasing long-term care insurance? Would your assets be completely protected by this insurance option? Are there specific considerations for individuals or couples?
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