While Hubby and I seem to be on track for retirement, since we have no kids, we've been told we should consider LTC plans.
Now, I'm ignorant on the subject and, for some reason, reading up on it is putting me to sleep. Anybody have advice, what to specifically look for or against?
I don't know a lot about them but I do know that you typically buy it in your mid-50s. Also, it's expensive but worth it.
If you need it but don't have it, you're well and truly fucked. You'll end up living your last days (which can be quite a long time) broke and in some dumpy, bottom tier facility.