Not Everything Goes to Long Term Care Insurance Premiums

Given one has to plan his healthcare, it does not follow that he should put all of his money in long term care insurance premiums.

Nobody will argue that long term care insurance (LTCI) is indeed expensive. As a matter of fact, LTCI specialists will tell you that it is not for everybody. Ideally, they will say, one has to have at least $5,000 or more in monthly income so that he can confidently and comfortably pay his annual premium.

While it