Asset Based Long-Term Care–An Investment with a Dual Purpose
Protect your needs while preserving your legacy.
For many the biggest financial threat in retirement isn’t market volatility—it’s the cost of long-term care.
With nursing home care averaging over $8,000 per month and home care costs steadily rising, preparing for this possibility has become a core part of financial planning. Yet traditional long-term care (LTC) insurance often falls short—offering limited flexibility, rising premiums, and the risk of unused benefits.
That’s why asset based long-term care might make sense. It is a solution designed to serve two key purposes:
Address potential care needs
Preserve family wealth and legacy
What Is Asset-Based Long-Term Care?
Asset-based long-term care combines the protection of long-term care coverage with the benefits of a life insurance or annuity product. If care is needed, the policy provides tax-advantaged funds to help cover qualified expenses. If care isn’t needed, the asset remains intact—either as a death benefit for heirs or as a source of cash value.
Why Clients Are Considering It
Use It or Preserve It: Unlike traditional LTC, these policies offer value whether care is needed or not.
Tax Efficiency: Care benefits and death benefits are typically distributed tax-free.
Premium Stability: Many asset-based LTC policies offer guaranteed premiums that won’t increase over time.
Legacy Focus: These solutions help protect your retirement assets from being drained by unexpected care needs—keeping more wealth within your family.
How to think about Long-Term Care
If you are in good health, particularly between ages 50–75, you may be ideal candidates—especially if you’re concerned about future care costs, want to protect a spouse or adult children, or are exploring 1035 exchanges or single-premium strategies.
Let’s start the conversation.
Whether you're exploring asset-based LTC for the first time or looking to integrate it into your broader planning strategy, we’re here to provide guidance, illustrations, and real-world insight to help you move forward with confidence.
Concerned about the risks of self-insuring for long-term care? Let's start the conversation about how to create an asset based Long-Term Care strategy that protects you and your loved ones.
Check out The Financial Fire Drill. Learn how building a strong financial future starts with assessing your situation–identifying gaps, risks, and blind spots.
