I'm young and healthy, I don't need long term care insurance

The truth is that even though you may be young and/or healthy today, things can change in the blink of an eye and will make you wish that you had taken out long term care insurance.

Surprisingly, about 40% of people needing long term care are adults aged 18-64, NOT people of retirement age. These people could have experienced any number of health problems that led them to needing long term care. Some examples could be accidents, strokes, multiple sclerosis. etc.

So regardless of your age and current health status you should really be considering long term care health insurance. Yes, long term care insurance isn't always cheap, but if you plan ahead now you may save money by paying lower rates. Long term care insurance typically becomes more expensive as you get older and as health problems develop or increase.