#long-term-care-insurance

#long-term-care-insurance

It's important to plan for long-term care to avoid significant costs later, but insurance may not be the best first step.

Long-term care insurance is crucial for financial security, especially given increasing healthcare costs and longer life expectancies.

Inheritance is uncertain and should be seen as a bonus, not a core component of financial plans.

Long-term care insurance can help with healthcare expenses but won't cover everything.

Inheritance should not be relied upon when planning finances; it should be viewed as a potential bonus instead of a primary resource.

Long-term care insurance is valuable but may not fully cover healthcare costs, diminishing the expected inheritance.