My area of competence and expertise is designing long-term care insurance plans. I am an extended care benefits advisor.

Endless articles from influencers offer every perspective on whether you should own a long-term care plan.

In America, we don’t have comprehensive benefits for everyone. The only way people can keep their wealth (don’t tell me that $2, 4, or 6 million) is enough not to own a plan. My mother has wealth of over $65 million, and she owns a long-term care plan.

I asked her why she owned an LTC plan? Her response, “no one has that much money to pay for lifestyle and home care services.”

Here is an article that should concern people to have a conversation about long-term care benefits.