Wouldn t I be better off putting money aside now to pay for my long-term care needs?
No, but if you need an example let s assume that each year a person could (and would) put money aside for their long-term care needs. A fifty-year-old person that saved $1,600 a year the premium for a policy that would pay about 2/3 of the cost for three years and earned 10 percent for 30 years would have saved enough money to only pay for about two months of care at future prices.
