We don't often talk about the risks of running out of money related to needing some long-term care as you age. But it's a real risk nonetheless.

In today's episode, we discuss some personal experiences with this very thing and watch as the need quickly consumed several hundred thousand dollars. Exhausting substantial resources doesn't take long when the need for care exceeds $10,000/month. 

This could be a real threat to your wealth, but it's a risk you can insure if you plan ahead. 

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