Why Self-Insuring for Long-Term Care Makes No Sense (Even with an 8-figure Net Worth)

In this episode, Scott A. Olson breaks down why self-insuring for long-term care often fails to make financial sense, even for individuals with an eight-figure net worth. Drawing from a Bogleheads forum debate, this video reveals how maintaining long-term care insurance protects your assets. Beyond portfolio defense, it helps you access care and eliminates emotional friction among family members during a health crisis. Learn why strategic risk transfer remains essential for preserving wealth, reducing family stress, and optimizing your overall retirement plan.Buy my book on Amazon: https://zurl.co/6YK23Listen to the podcast: https://zurl.co/dtGSKWatch our YouTube channel: https://zurl.co/0DvqQVisit our website to learn more: https://zurl.co/8BxY3Scott A. Olson, CLTC®, is co-founder of LTCShop.com and host of Long-Term Care Insurance Now. He has specialized exclusively in long-term care insurance since 1995 and is licensed nationwide. His National Producer Number (NPN) is 617232.Policy features, riders, and definitions mentioned in this article vary heavily by insurance carrier and state regulations. Partnership protections apply only to state-approved plans. Consult an LTCShop.com licensed specialist for specific carrier language.