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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I purchased LTC in early 30s (now 50s) and pay $900/year for $50k/year coverage.  Unlimited coverage period.

I did it because a relative needed rehab care after an accident in their 30s
and LTC would have covered costs for their 6 months of rehab (or in my case…would cover some of the costs as those costs would exceed call it $4500/month though hard to know how normal insurance plays into it).

Figured it’s a small price to pay for some financial backstop and have assets to cover the rest (hopefully).[/quote]

That is not a big payout and you’ve been paying for 20 years? If you took that same money and just invested it by the time you needed it I don’t know how much of a difference it would be.[/quote]

Because you assume it’s only paying out when you are 70+ vs at 35 (hence the accident example).

This is what people keep ignoring about LTC…it covers you at any age.

How much do you pay for car insurance when you never have an accident, homeowners when you never file a claim?[/quote]

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