"About 70 percent of people over age 65 require some type of long-term care services during their lifetime. Since there is a good chance that you might need long-term care services at some point, it is important to explore your options and plan ahead."
- U.S. Department of Health and Human Services
"I'm a huge fan of this insurance. If you become ill, it ensures that your spouse will have enough money to eat and your kids won't be burdened with huge payments. Not having LTC insurance can be a $300,000 to $400,000 mistake."
- Dave Ramsey
"You wouldn't go without homeowners insurance, so why not insure against the greater risk with long-term care insurance?"
- Terry Savage: The Savage Truth on Money
"No well-planned retirement should be without long-term care insurance. It's the cornerstone of retirement security."
- Suze Orman: You've Earned It, Don't Lose It: Mistakes You Can't Afford to Make When You Retire