Ask Paula: "Should I Put My Dreams on Hold … and Buy a House Instead?"
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Long-Term Care Insurance and Risk Management
The hosts discuss the challenges and strategies associated with long-term care insurance, emphasizing the importance of viewing it as a risk management question. They recommend managing the risk of long-term care without insurance if possible, and suggest considering a hybrid strategy like a life insurance policy with long-term care benefits. They also provide insights on the coverage of long-term care by Medicare and private insurance.
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