Oct 3, 2019
If you’ve been in the market at all for long-term care insurance, you’ve seen how significant the premium increases have been in recent years. You might have even asked yourself is it worth the cost. Let’s try to answer that question and discuss the different options that are available in retirement.
0:16 – The last few years have brought big increases to long-term insurance premiums.
1:10 – Do we bite the bullet and pay the premiums or roll the dice and skip it?
1:41 – Client recently came in and asked this exact question. Here’s our conversation.
2:40 – Here’s are Brian’s thoughts based on the math.
4:12 – Is a short-term policy an option?
4:39 – Self-insurance is a strategy many use.
6:01 – But it’s different for everyone so find the solution that fits you.
6:47 – Have a comprehensive retirement plan.
Get the full show notes and additional resources by visiting our website here: https://financialplanningva.com/are-expensive-long-term-care-insurance-premiums-worth-it/