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[quote=Anonymous]We retired with $3 million in the bank (brokerage and retirement funds), a small pension ($3k/month), and a paid off $1.2 million home (conservatively, of we had to have a fire sale tomorrow). Early 60s, have health insurance covered through a previous employer. We were told not to bother with long term care insurance because the policies today arent worth the paper they are printed on (won't make a dent in the cost of care) or are so expensive that we are better off paying out of pocket[/quote]
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