"Experts Endorse Hybrid Life and Long-Term Care Insurance"

Long-term care insurance is crucial for seniors to manage the high costs of care, which can significantly impact finances. Experts suggest that the amount spent on such insurance should align with personal financial situations, health status, and coverage needs. Costs vary based on age, type of insurance, and coverage options. Employer-provided insurance and hybrid policies may offer cost-effective solutions. Planning for long-term care before age 65 is advisable, as most seniors will need some form of care.