Long-Term Care Insurance: Is It Still Worth It in Today’s World?

Let’s cut through the fluff.

You’ve probably heard that everyone over 50 needs long-term care insurance or they’ll end up draining their life savings in a nursing home. But is that actually true anymore?

The long-term care (LTC) insurance landscape has shifted dramatically over the last decade. Premiums have skyrocketed, benefits are more limited, and many companies have exited the market altogether. So naturally, the big question is: Is it still worth it?