Long-Term Care Insurance, Cost or Investment?

Just hearing Long-term care can strike fear into the hearts of Baby Boomers of everywhere.. and it should if you're not properly prepared to pay for it. The average cost of a nursing home for one year in Delaware is $131,952 and in 2032 that cost is projected to be 205,572!! Home Health Care for the year averages $50,900 and in 2032 $78,432.

Here will discuss the pros and cons of investing in Long-term Care Insurance, the different options you have and the devastating effect not having insurance can have on not only your finances, but your loved ones as well.

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