What's your opinion on the recommended age range for getting LTC (any kind)? Or bringing up LTC with a long-term client?
Yes, the premium(s) are lower the younger you buy, but there's the opportunity cost of lost investment gains from investing the premium(s) at the younger age as well.
I feel like age 60, perhaps 55, may be the earliest. And even 55 seems too young perhaps.
60 - 70 might be the sweet spot. What do you think?
Of course, if the client wants it at whatever age, then do so.
Yes, the premium(s) are lower the younger you buy, but there's the opportunity cost of lost investment gains from investing the premium(s) at the younger age as well.
I feel like age 60, perhaps 55, may be the earliest. And even 55 seems too young perhaps.
60 - 70 might be the sweet spot. What do you think?
Of course, if the client wants it at whatever age, then do so.