Husbands: expect your wife to survive you, reports the September 4, 2015 New York Times. Do not be evasive when your wife wants to discuss finances and long-term care (LTC) in your final years. Quit giving us excuses like “I won’t need long-term care”, “I’ll just kill myself”, “I’ll just self-insure”, or “my wife will take care of me.” My experience has been that men are far more likely than women to say nonsensical stuff like this.
Smart women: when your husband tries to avoid an honest discussion of end-of-life plans, please assert yourselves. Go to marriage counseling or a financial planner before you acquiesce to his complacency and inability to envision what can happen if you’re not prepared. I suggest your husband’s unwillingness to discuss such matters is already adding stress to your marriage. Challenge him on this, for your own good and that of your family.
I know plenty of people who regret not buying LTCi when they had the chance to. Instead, perhaps they took a very expensive trip instead of taking more of a budget-wise trip and choosing reasonable LTCi premiums.
I have plenty of clients who’ve collected on the LTCi I sold them and are grateful to me for doing so.
Get LTCi Now
Get your wills, powers of attorney, and other end-of-life documents in order now. Make sure your appointed beneficiaries are current. Store such documents in a safe, accessible place. I also recommend uploading them to The Cloud (I use www.dropbox.com) and sharing these documents with those you most trust.