THIS IS A DISCUSSION. IT DOES NOT HAVE TO BE LENGTHY OR IN DEPTH. BUT DECENT
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Illness can dramatically impact a person’s ability to achieve a specific financial goal. An aging society and health treatments and pharmaceuticals that extend lifespans increase the likelihood that many people will enter long-term care facilities for an extended period of time.
Consider the cost of long-term care insurance. Is there a cost-benefit to purchasing long-term care insurance? Would your assets be completely protected by this insurance option? Are there specific considerations for individuals or couples?
Note to document references in APA format.
To complete this assignment, review the Discussion Rubric document.