At age 58, you’re in the sweet spot for purchasing long-term care coverage. People in their late 50s tend to have more disposable income, thanks to higher salaries and decreased family obligations when the kids leave home. And they are still young enough to buy long-term care insurance at affordable prices. Premiums are usually much higher if you wait until your mid to late sixties or older to buy insurance, and you take the risk that you might develop a medical condition that makes you uninsurable. READ MORE: Should I sign up for federal long-term care coverage? Read more at the Washington Examiner: http://washingtonexaminer.com/news/business/2011/06/ask-kim-should-i-sign-federal-long-term-care-coverage#ixzz1WCkt1Lk4