Tag Archives: Take the elder-care test!

Take the elder-care test!

What are the three most common fallacies about long-term care and long-term care insurance? Fallacy 1 — I’m never going to need long-term care. Approximately 1 in 68, or 4 million, people in the United States are afflicted with Alzheimer’s disease; approximately 1 in 272, or 1 million, people in the United States, are afflicted with Parkinson’s disease; and 1 in 27, or 10 million, people in the United States are afflicted with osteoporosis (8 million women/2 million men). Fallacy 2 — If I never use long-term care insurance, I will lose it. Not true anymore! Modern policies have return-of-premium …

Read More »

Want More?


Subscribe to our print magazine
or give it as a gift.

Click here for details