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Strategies & Market Trends : Dividend investing for retirement

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To: Steve Felix who wrote (7023)	12/31/2010 6:25:05 PM
From: chowder	Read Replies (1) of 34328

Steve, I don't wish to be a shill for the insurance industry. All I know is that over 20 years, I saw a lot of things that wiped people out and it makes you think. I don't have LTC insurance and I used to sell it. HA! I didn't think it was worth what you paid for it. I'm sure the industry has changed since then, yet I'm still not interested. I do know from experience that health care costs can cripple people's financial situation. If there is one thing I do have it is good health insurance. I'll live with that and I will carry more than Medicare into my old age. I recall a conversation with a European woman many years ago and she laughed at us Americans and our way of looking at retirement. She said you expect the government to pay SS, you hire nurses to take care of your parents and you place people in nursing homes. I asked her what did they do in her country and her response was, family takes care of family. ... WOW! What a concept.

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