Jill on Money with Jill Schlesinger cover image

Long-Term Care Insurance

Jill on Money with Jill Schlesinger

00:00

Are We Better Off Preserving Retirement Money?

A woman in her 60s lives alone and brings in about 25 hundred dollars a month. She has 400 thousand dollars in savings, which she uses to pay for long-term care insurance. The premium on the policy is going up by 40 per cent every year. "We're really just trying to figure out what's our best metand best methods here," says Meter.

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