Is long-term care insurance worth it?
My dad's death last year not only made me and my siblings 40-something orphans, but it also marked the end of my parents' Nursing Home Era (1998-2011). Until his death, either my mom or dad was in a nursing home for almost 11 years of that 13 year span. That blew.
It was also very expensive. My mom shelled out $500,000 cash over the years, and her place was neither shmancy nor fancy. My dad "only" paid $22,000 per year because he had Long-Term Care Insurance.
What Is Long-Term Care Insurance?
Long-Term Care Insurance (LTCI) is insurance you buy to help pay for Nursing Home, Assisted Living, or In-Home Care should you ever need it. We did not have LTCI for my mom. We paid about $200/day for her care.
How I Won $10,200 on Game Shows
Can you spin a wheel, answer in the form of a question, or guess the price of a showcase without going over? If so, appearing on games shows can be a fun way to earn some extra cash.
Way back in the 1900s, when I moved to Hollywood, I won $7200 on Wheel of Fortune and $3000 on the now-defunct DEBT. Being a contestant on game shows was fun and profitable. I'll tell you how you can do it too!