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Paying for Long-Term Care

Many people have chosen to fund their own long-term care rather than relying on insurance. Carolyn McClanahan talks to Christine Benz about this trend.

Christine Benz: Hi, I'm Christine Benz for Morningstar. Many people who have financial assets have decided to self-fund long-term care versus purchasing some sort of insurance product. Joining me to discuss this topic is Carolyn McClanahan. She's an MD and a financial advisor, and she's one of our speakers at the Morningstar Investment Conference.

Carolyn, thank you so much for being here.