Despite the exorbitant costs that will be incurred by those requiring long-term care, long-term care insurance has never become popular. One major reason? Its “use it or lose it” feature: If you end up not requiring long-term care (and nearly half of seniors won’t) you never receive a payout. Today’s article, however, highlights what may be a better – and cheaper – way to pay for long-term care that bypasses the “use it or lost it” feature of long-term care insurance and allows retirees to “have their cake and their heirs can eat it, too.” For more, CLICK HERE.