Re:How Many Years of Life Does That House Cost?
by slg on Friday September 08, 2017 @06:03PM
(#15204279)
Those things can be mitigated with some smart financial planning. You can take your lump sum and buy an annuity and use those annuity payments for health and long term care insurance. I would also add long term care insurance is doubly important for the grandparent commenter who doesn't have children who could help care or support them if something goes wrong.
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Re:How Many Years of Life Does That House Cost?
by DesiLurker on Sunday September 10, 2017 @01:42AM
(#15210860)
Annuities are mostly scams with so many knobs & levers that are designed to get unsavvy people on hook with weird mix of investment and insurance. best to keep them separate.