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Eldercare
Reply to "Long Term Care Questions"
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[quote=Anonymous]I don’t think some if you are getting the concept of self-insuring. It simply means that you believe you will have assets and sustainable income in retirement to meet this need if it arises. We aren’t “setting aside” any reserve for this purpose. For example, our retirement model is going to support a level of income around $150k/per year. If we are well, that will be spent on a pretty decent lifestyle. If we’re not well, it will be spent on health care and related expenses. If you need nursing care, “retirement lifestyle” is kind of out the window.[/quote]
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