EPISODE · Dec 14, 2021 · 12 MIN
If I have enough money, do I really need LTC insurance? Part 3
from Preparing For Tomorrow podcast · host Diane Stoddart
This week, Diane shares that assets don't pay for LTC needs; income pays this as LTC services create a bill, or invoice that must be paid weekly or monthly. If we don't have enough income, we need to sell assets to create income. Diane shares some of the financial consequences when we rapidly start selling assets to fund an extended care need.
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If I have enough money, do I really need LTC insurance? Part 3
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