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Brown Cafe UPS Forum
UPS Retirement Topics
Long Term Care Insurance
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<blockquote data-quote="DELACROIX" data-source="post: 5400241" data-attributes="member: 49065"><p>We didn’t get our policies through UPS .. paying into it close to 20 years ... I am close to age 68 and my wife is about 65 runs about 250 a month for both of us...it goes up according to the inflation rate, or you can reduce some of your coverage.</p><p></p><p>At times it seems to be a waste of money but I have seen what happens if it comes down to being in extended care. For a good one it could run up to 5,000 a month, it could bankrupt you in a minute.</p><p></p><p>I can write it off on my state tax and it does build up equity...</p></blockquote><p></p>
[QUOTE="DELACROIX, post: 5400241, member: 49065"] We didn’t get our policies through UPS .. paying into it close to 20 years ... I am close to age 68 and my wife is about 65 runs about 250 a month for both of us...it goes up according to the inflation rate, or you can reduce some of your coverage. At times it seems to be a waste of money but I have seen what happens if it comes down to being in extended care. For a good one it could run up to 5,000 a month, it could bankrupt you in a minute. I can write it off on my state tax and it does build up equity... [/QUOTE]
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