Should you buy long-term care insurance? How to decide
One of the most difficult financial decisions for middle-aged and older people is whether to purchase long-term care insurance. On the one hand, LTCI premiums are generally high, they’re likely to increase in the future, and if you’re in your 50s or 60s, the need is probably decades away. On the other hand, many people have been saved by having LTCI. It enables them to choose their own care setting, hire help without dipping into savings,