Many people think of long-term care and insurance products as a way to replace financial loss when a loved one needs additional care. But have you witnessed the toll this takes on relationships within a family dynamic?
While most people wait until they are near retirement, anyone in their 50s should take advantage of optimal health status and learn more about the options available to deflect uncomfortable, dependent situations. Long-term care is not a prepaid expense. It is simply a reallocation of assets over the long run, and by looking ahead and exploring opportunities, you can mitigate the risk of disturbing your family harmony.
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