No Vested Interest
No Vested Interest's JournalLong term care insurance is sort of an extra, IMO.
It's really a crapshoot, as we all know.
If one is single, no children or close relatives, I suppose long term care insurance is more of a necessity.
You buy it on a cafeteria-plan. The more you pay beforehand, the more you'll receive when and if you reuire it.
I understand there are waiting periods and other qualifications before the insurer will pay.
When at 59 spouse and I were offered the opportunity to buy long term care insurance, we couldn't/didn't see the need and declined. Three of our parents had died suddenly, none past 70, and we hadn't had to deal with nursing facilities.
When my mother required nursing care, it was paid for with the receipts from the sale of her house, among other sources, including SS and a small pension, and a few other financial assets.
That took her through about 9 yrs of assisted living in dementia care.
When spouse needed what turned out to be six yrs in nursing care, proceeds from his IRA were able to take care of the expenses. All those expenses were tax deductible from our income taxes, under the medical deduction.
So I will be self-insured as well when/if long term care is necessary, i.e., using the same formula as used for my spouse.
Is the "donut hole" not eliminated with the ACA? nt
The one on the left is their lawyer. nt
Didn't I read just a day or two ago that Al-Maliki had indicated that US
airpower would be welcome?
What real purpose are the mouth coverings serving?
Unless there is a physical protection, they are not really fooling anyone. - They are identifiable. Helmets offer skull protection, which is understandable.
Camoflage is different, in that the purpose is to enable the element of surprise on the enemy, in certain situations.
Masked fightrs are cowards.
If they're so justified in what they are doing, let them show themselves to the world.
Yes, prayers, of course, for your child and for you
tonight and tomorrow.
May your present anger give way to the peace of knowing that you loved and cared, and that it all was worth it.
You're correct, and sometimes, candidates have health, financial, legaql or personal problems.
I didn't want to come right out and say "death", but it has happened.
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