Does My Mom Need Long-Term Care Insurance?

Does My Mom Need Long-Term Care Insurance?
In the event your mom becomes unable to take care of herself at some point, long-term care insurance would be an absolute necessity. Rido/Shutterstock
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Dear Dave,

My dad passed away about a year ago, but he left my mom in really good shape financially. They never had any consumer debt, the house is paid for, and they had about $1 million in assets. Dad also left her a $500,000 trust. Mom is going to be 60 next year. She is in good health, but considering her age and financial situation, do you think she needs long-term care insurance?

Dave Ramsey
Dave Ramsey
Author
Dave Ramsey is CEO of Ramsey Solutions, host of "The Dave Ramsey Show," and author of best-sellers including “The Total Money Makeover.” Follow Dave at DaveRamsey.com and on Twitter @DaveRamsey.
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