: Waiting is a gamble on your health. A single new diagnosis in those 10 years could make you uninsurable or significantly more expensive to cover. Cost Comparison by Age What's The Best Age To Buy Long Term Care Insurance

Some financial advisors suggest waiting until to achieve the best "Goldilocks" balance.

: Rejection rates climb significantly with age. In your 50s, there is roughly a 1 in 10 chance of rejection, which doubles to 2 in 10 in your 60s, and jumps to 4 in 10 once you hit your 70s.

: In the insurance world, "your money pays for the policy, but your health buys it". Securing a policy before developing chronic conditions like hypertension or diabetes is critical for approval. The Case for Your Early 60s

: While your annual premium is higher if you wait until 65, you will pay that premium for 10 fewer years compared to starting at 55. For a woman, waiting until 65 could result in saving over $13,000 in total premiums paid by age 80, despite the higher monthly cost.