Long-term care insurance: is it worth it?

Weigh what a policy would cost you in premiums against the pool of care benefits it could pay.

Benefit pool = monthly benefit × 12 × benefit years. Leverage = pool ÷ total premiums. High leverage means the policy pays far more than it costs if you need care; the risk is paying premiums and never using it (a hybrid policy returns a death benefit instead). Ignores inflation riders and premium hikes. Not financial advice. Read the guide.