This Kimplinger’s article is interesting. the author brings up a valid point- those that are in ‘the middle’ ($330k-$2Million) of assets are ‘just hedging’ on bad bets if you think your nest egg will take care of a LTC crisis.  Big surprise coming when a $200,000 LTC expense drags on for 30 months, and drags down someone’s $600k nest egg for the other spouse and runs them out of income down the road.  That is a real problem.

https://www.kiplinger.com/article/retirement/T027-C032-S014-the-impossible-reality-of-long-term-care-planning.html

Let’s visit. He’s right on. Don’t bet with that kind of likelihood of having LTC expenses that your Retirement Wallet has to pay for!