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Sam is 60 years old and recently started relying on cane for last few years. Sam...

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Finance

Sam is 60 years old and recently started relying on cane forlast few years. Sam thinks he may need long-term care services someday in the future. His net worth is around 1 Million and hereceives $60,000 per year in a pension. He considers himself to bein excellent health and has never had a serious health situations.Food Sam eats are fairly healthy and includes lots of whole grainand nuts. He also exercises regularly. What is your recommendationto Sam?

Answer & Explanation Solved by verified expert
4.3 Ratings (871 Votes)
Hello As per the situation of old man given in the question it was clearly mention that he was ability to take risk His net worth is 1 million and he has receive pension of 60000 per year he has sufficient    See Answer
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