What is the best age to buy LTC insurance?

The best age to purchase LTC insurance is when you become "financially fit".  You are "financially fit" when you have achieved at least $50,000 in savings, and you are putting money away for retirement.  Of course, this happens at different times for different people.

The younger you are when you purchase LTC insurance, the less you will pay in premiums yearly, and you will ultimately pay less premiums than someone who purchases later.  Waiting to purchase only increases your cost.

The younger you are when you purchase LTC insurance, the more likely it is you will  receive a "preferred health" discount (from 10% to 25% yearly).  The best part is, as you get older and your health deteriorates,  you still get to keep the "preferred health" discount.

Some "financially fit"people make the mistake of delaying the purchase of LTC insurance because they are currently healthy, or they believe that needing care only happens to someone else.  When an unexpected health issue strikes, they are unprotected, and then they are suprised when no LTC insurance company will approve their application to purchase due to their serious health issue.  Now they are in a world of financial trouble that no one can fix--and soon their savings, investments, and their home are used to pay the mounting bills for daily care. 

The need for long term care can happen at any age.  Many people are surprised to learn that about 50% of people needing daily care are under the age of 65. 

Long Term Care is the only unfunded liability facing most retirees and pre-retirees.  The sooner you take care of the issue by purchasing LTC insurance, the sooner you can rest easy, knowing that you will remain "financially fit", year after year, regardless of your future health.