Long-Term Care: Risk or Reward?

追加: 2026-05-28

[00:00:00]What is the median long-term care expense?

[00:00:03]Zero. Okay. So, did you hear that? Like, long-term care insurance is not because most people end up in a nursing home. Long-term care insurance is to protect you against a very expensive long-term nursing home visit.

[00:00:19]>> So, this is what you were saying, you know, it's a classic tail risk, but if you are unfortunate to be in that situation, it's a significant risk.

[00:00:27]Right. So, then it becomes how do you insure that that risk?