Is Long Term Care Insurance A Smart Buy? 
That is an excellent question ! I read a study recently that cited the statistic that 70 % of senior Citizens will require some form of long term care after retirement . I recommend that you look at your retirement fund . Do you have enough to cover if one or both of you need to be placed in an assisted care facility ? Budget between $ 6-8 ,000 per month for each of you . If you can cover comfortable living for yourselves , and cover those costs if need be , then you probably do n't . If it may be an issue , then perhaps it is a wise decision to look into a policy . It is a tragedy when I speak with folks whose retirement nest egg was gobbled up by an illness like Alzheimer 's , or the care needed after a stroke . Please contact me if you would like to discuss this further , okay ? Thanks for asking ! 