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Don’t Retire Until You Can Answer These Five Practical Questions - 381

Your Money, Your Wealth

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Long Term Care Insurance

Long term care insurance is a lot more expensive, and the benefits have reduced. A long term care policy works as if you have one of your activities of daily living. You can't bathe yourself or clothes yourself, can't get out of bed, can't transfer, can't move. If two of those go bad, then you can t then the long term care insurance would trigger.

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