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by 3port
Thu Oct 05, 2017 1:06 am
Forum: Personal Finance (Not Investing)
Topic: Question About Long Term Care
Replies: 75
Views: 8007

Re: Question About Long Term Care

You are at the perfect age to purchase LTC. It is simply insurance, like term life - it is not an investment. With pure-insurance (not hybrid) LTC plans, you buy a specific benefit amount, which grows each year if you buy the inflation protection option. The formula is Daily Benefit Amount x No. of ...