Savvy Senior: Sept. 21, 2020

Should I Buy Long-Term Care Insurance?

Dear Savvy Senior,

My wife and I have thought about purchasing a long-term care insurance policy, but we hate the idea of paying expensive monthly premiums for a policy we may never use. Is there a good rule of thumb on who should or shouldn’t buy long-term care insurance?

Getting Old

Dear Getting,

There are two key factors you need to consider that can help...