Financial planner Ryan Rinehart examines whether a 65-year-old couple with $1.5 million in retirement savings needs long-term care coverage. Using a real case study of Jim and Sally, he shows how long-term care costs could reduce their plan’s success rate and potentially leave a surviving spouse financially vulnerable. He then compares traditional long-term care insurance with hybrid life insurance policies that include a long-term care rider, offering a safety net without the “use it or lose it” downside.
