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Ask Paula: Is Mom Getting Ripped Off by Her Investment Advisor?!

Afford Anything

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Options for Long-Term Care Insurance

In this chapter, they discuss different options for long-term care insurance, including keeping the plan with increased premiums or decreasing inflation protection, and the option to give up the plan but still get some money back. They address the reasons behind the rapid increase in premiums and dispel misconceptions about insurance companies. Planning ahead for potential catastrophic illnesses is emphasized.

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