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[parent] [thread] 2 comments
1. mixmas+(OP)[view] [source] 2025-08-02 17:39:10
Yes indeed. Part of the problem is having “insurance” draining part of the resources. Long term care means it isn’t an “accident,” but a constant recurring cost. Saving the money up front, producing income, and paying directly for what you need is often a better strategy.
replies(1): >>esseph+uA
2. esseph+uA[view] [source] 2025-08-02 21:46:17
>>mixmas+(OP)
I think this underestimates the "cost" of LTC.

And also doesn't consider when the LTC starts. It could start at any time, even before working age.

replies(1): >>mixmas+UH
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3. mixmas+UH[view] [source] [discussion] 2025-08-02 22:45:02
>>esseph+uA
Companies are not in business to lose money, and you have to fight them to collect. That there are some low probability exceptions is not enough in their favor imho.
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