Reader Questions Long-Term Care Insurance After Mother’s Alzheimer’s Death

A MarketWatch reader, currently in their 50s, is seeking advice on whether long-term care insurance is necessary given their family history. Their mother passed away from Alzheimer’s disease, raising concerns about their own risk and financial preparedness for potential future care needs.

The inquiry highlights a common dilemma for individuals with a family history of chronic conditions that require extended care. Readers with similar concerns often weigh the cost of premiums against the potential financial burden of uncovered long-term care expenses.

Financial planners typically advise those with a family history of dementia or other conditions requiring long-term assistance to consider policies early, while they are younger and healthier, as premiums tend to be lower and eligibility easier to secure.