Biblical wisdom for financial decisions emphasizes trusting God's provision and peace, even in hard circumstances. It encourages capital preservation, focusing on hanging onto money rather than high returns, and growing it modestly to continue taking income. Long term care insurance is considered a good idea for those with assets between $200,000 and $2 million, as it can help with the high costs of care. Self-funding and using other assets, such as pensions and social security, can also be viable options.
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