Quick Read – Suze Orman has spent decades urging Americans to buy long-term care insurance. – “Every parent in their 50s and 60s owes it to their kids to consider long-term care insurance as family protection.
I know the premiums are steep,” she says. – The analyst who called NVIDIA in 2010 just named his top 10 AI stocks
Get them here FREE. Suze Orman has spent decades urging Americans to buy long-term care insurance. In her AARP column on the subject, she described spending more than $2 million on her own mother’s late-life care and pushed readers not to repeat the gamble.
Her recurring line, repeated on her show and across her social channels, is blunt: “Every parent in their 50s and 60s owes it to their kids to consider long-term care insurance as family protection. I know the premiums are steep.” For a 65-year-old couple sitting on $2.4 million in retirement assets, that advice is wrong. The premium dollars buy a policy whose worst-case payout the portfolio can already cover, and the math leaves heirs measurably poorer if a claim never comes.