Many thousands of people have concluded that a long term care insurance plan is the most sensible and cost effective way for them to fund long term care, if it is needed. A long term care insurance plan could partially or fully provide for your nursing home or residential home costs, protect your assets and income and provide you with the security you seek in later life.
With people living longer many of us could look forward to 20, or even 30 years or more of retirement.
But the chances of being perfectly healthy and able throughout that time are, unfortunately, not so good.