It's seems so counterintuitive that for most retirement models, paying for long-term care insurance would reduce the overall income for seniors, as well as asset transfer to the next generation. But now that human longevity has become the number one risk in retirement, the odds are almost certain that baby boomer seniors will use policy benefits for assisted living at home. Steve and Bob do the math and let the chips fall where they may in their exposé on the need for long-term care.
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Steve Savant is the host of the daily producer show, Let’s Get Down to Business, and the weekly consumer show, Steve Savant’s Money, the Name of the Game. Both shows are sponsored by Ash Brokerage. Steve is the number one online author and videographer of insurance content. During his 30-year... More