Some long-term care strategies are designed to help provide money for care if it is needed while potentially preserving value for loved ones if it isn't.
Take this brief assessment to explore whether an Asset-Based Long-Term Care strategy may be worth learning more about.
Start the 3-Minute AssessmentIt is about deciding ahead of time where money for care could come from, what assets you want to preserve, and what you would want to leave behind if significant care is never needed.
Explore whether relying entirely on retirement savings and investments for an extended care event fits your broader plan.
Consider how future care needs could affect both family members and the assets you hope to preserve for them.
Learn why some people explore strategies that may provide long-term care benefits while retaining value if care is never needed.
Asset-based long-term care generally refers to strategies that combine long-term care benefits with another financial benefit, such as life insurance or an annuity.
Depending on the specific product and its terms, existing assets may be repositioned to help provide benefits for qualifying care, while remaining value may be available through other policy benefits if care is never needed.
These strategies are not appropriate for everyone. Liquidity, underwriting, policy costs, benefit structure, and other tradeoffs should all be considered.
Answer a few straightforward questions about your priorities, current planning, and what you would most like to understand about Asset-Based Long-Term Care.
Rather than assuming future expenses will simply come from retirement assets.
Legacy planning is an important consideration alongside preparing for possible care.
You want to understand whether alternatives to traditional long-term care insurance exist.
Planning earlier may provide more choices than waiting until circumstances change.
Take the assessment and explore whether an Asset-Based Long-Term Care strategy deserves a place in the conversation.
Take the 3-Minute Assessment