1 rich Libsyn https://www.libsyn.com 90 600 The 2025 Milliman Long-Term Care Index put a number on long-term care: $135,000, the lump-sum amount an average 65-year-old would need to set aside today to cover the expected lifetime cost of long-term care. But there are some details you need to know that make up that number. About half of those who need paid long-term care only do so for less than a year (averaging $30,000 in total cost). The other half need care for more than 5 years at an average of $665,000. $135,000 is just the average. We will also take a question with multiple millions wanting to know if he should buy long-term care insurance or self-fund? Resource:&amp;nbsp; Article by Christopher Giese, Annie Gunnlaugsson, Evan Pollock, and Kevin Brown: 2025 Milliman Long-Term Care Index &amp;nbsp; Connect with Benjamin Brandt: Subscribe to the This Week in Retirement: http://thisweekinretirement.com Get the Retire-Ready Toolkit: http://retirementstartstodayradio.com Work with Benjamin:&amp;nbsp;https://retirementstartstoday.com/start Get the book!Retirement Starts Today: Your Non-financial Guide to an Even Better Retirement Follow Retirement Starts Today in:Apple Podcasts, Spotify, Overcast, Pocket Casts, Amazon Music, or&amp;nbsp;iHeart &amp;nbsp; Retirement Starts Today https://retirementstartstodayradio.com/ <iframe title="Libsyn Player" style="border: none" src="//html5-player.libsyn.com/embed/episode/id/42467990/height/90/theme/custom/thumbnail/yes/direction/forward/render-playlist/no/custom-color/385b83/" height="90" width="600" scrolling="no" allowfullscreen webkitallowfullscreen mozallowfullscreen oallowfullscreen msallowfullscreen></iframe> https://assets.libsyn.com/secure/item/42467990