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Eldercare
Reply to "Long Term Care Questions"
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[quote=Anonymous][quote=Anonymous]LTC plans are nowhere near the good deal they were a number of years ago. I'm planning to self-insure, though being a rich widow helps. :) TBH, at this point, the large amount of equity in my house is my long-term care pot of money. [/quote] That's a good plan, and why it makes sense to get out from under the house at some point in your later years. It is tough if you (or your kids) are trying to sell a house at the same time as your need for care is escalating. The challenge for couples of course is if one needs escalated care while the other still needs to maintain a home.[/quote]
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