Financial & Estate Planning Update: Is $92,000 per Year Pocket Change?
At age sixty-five, there is an approximate 66% chance that person will need long-term care (LTC) at some point in their life going forward. On average, women need care longer (3.7 years) than men (2.2 years). Of those needing care, 20% will need it for more than five years.
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https://www.cannonfinancial.com/article/is-92000-per-year-pocket-change-why-you-should-discuss-long-term-care-insur