Statistics indicate that the odds of needing more than a year of nursing home care before you reach age 65 are 1 in 33 and the expense of a prolonged nursing home stay can cause severe financial hardships. There is even a greater chance of the need for nursing care after the age of 65.

Knowing these statistics, do you feel that you need long-term care insurance now or in the future? Why or why not?

How about life insurance--do you need it? Why or why not?