5 Things You Can Do Now To Improve Your Financial Security For Retirement (continued)

July 16, 2009 on 11:00 am | In Baby Boomers, Insurance Advice for Women |

And now…Step 4:

4. Research and get quotes for long-term care insurance before you are closed out for health reasons.

Make an informed decision now about whether or not long-term care insurance makes sense in your situation. Then purchase the right policy as soon as it makes financial sense to do so, rather than waiting and having monthly premiums increase.  There are web sites (including ours) that can help you easily calculate the cost of waiting to buy a long-term care policy, so you can decide when it pays best to do it.  But no calculator can tell you if an unexpected health condition is going to prevent you from obtaining it.  So do this research now (our site at www.mybbrc.com can help you get quotes from the best companies quickly).  Make A Decision NOW Whether to Buy-or Not to Buy-So You Won’t be Closed Out, and You Will Have No Regrets Later.

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