Don’t Retire Until You Can Answer These Five Practical Questions - 381
Your Money, Your Wealth
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Long Term Care - What's the Need?
The average person's long term care stay is roughly four years. In future dollars, it's going to cost me x 400 thousand dollars of moneys that needs to come from somewhere to pay for the care. So he can insure it by buying a long term care policy. If you don't need it, it's wasted money. That's what you're gong to find after you do all this, right? And you're absolutely right.
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