Annuities with Long-Term Care Riders 🏥💰

Protect BOTH your retirement income AND your long-term care needs in one simple solution. If you need care, it pays. If you don't, your family gets the money.

🌰 In a Nutshell

An LTC annuity is an annuity with a long-term care rider attached. It gives you guaranteed income in retirement. But if you ever need nursing home care, assisted living, or home health care, it pays for that too—usually 2X to 3X your annuity value.

Bottom line: Your money is never wasted. If you need care, it covers you. If you don't, your family inherits the full value.

What Is an LTC Annuity?

Think of it as double protection in one product:

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Retirement Income Protection

Your annuity grows safely and pays you guaranteed income for life—just like a regular annuity.

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Long-Term Care Protection

If you need care (nursing home, assisted living, or home health care), the LTC rider accelerates your benefit—often paying 2X to 3X your account value to cover care costs.

The beauty? If you never need long-term care, nothing is wasted. Your family receives the full annuity value as income or a death benefit.

Why This Protects BOTH Income and Legacy

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Protects Your Retirement Savings

Without LTC coverage, nursing home costs ($8,000–$12,000/month) can drain your retirement savings in just a few years. The LTC rider prevents this.

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Protects Your Family's Inheritance

If long-term care wipes out your savings, there's nothing left for your loved ones. The LTC annuity ensures they receive benefits even if you use care.

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Honors Your Faith

Caring for yourself protects those you love. Providing for your own care honors your family and gives them peace of mind.

How Do LTC Riders Work?

1

You Purchase the Annuity

You put in a lump sum (typically $50,000–$500,000) or make structured payments. The annuity grows safely with guaranteed interest.

2

The LTC Rider Is Added

The long-term care rider is attached (often at no extra cost or a small fee). This rider multiplies your benefit—usually 2X to 3X—if you need care.

3

If You Need Care, It Pays

If you become unable to perform 2 out of 6 daily activities (bathing, dressing, eating, etc.) or have cognitive impairment, the LTC benefit activates. It pays for nursing homes, assisted living, or home health care.

4

If You Don't Need Care, Nothing Is Lost

If you never use long-term care, you receive the annuity value as retirement income or your beneficiaries receive it as a death benefit. Your money is never wasted.

Real Story: How Mary Protected Her Family

Mary was 65 and recently widowed. She had $250,000 in savings and wanted to make sure she'd never be a burden on her children.

She put $200,000 into an LTC annuity with a 2X long-term care rider. Here's what happened:

At Age 78: Mary Had a Stroke

She needed assisted living care costing $6,000/month. The LTC rider kicked in and provided $400,000 in total benefits (2X her $200,000 annuity). This covered her care for over 5 years.

The Result

✓ Mary's care was fully paid for—her children didn't pay a dime
✓ Her remaining $50,000 in savings stayed intact for emergencies
✓ When she passed at 85, her children inherited what was left

Without the LTC annuity, her $200,000 would have been gone in 3 years, forcing her kids to pay $150,000+ out of pocket.

Pros & Cons of LTC Annuities

✅ Benefits

  • ✓ Money is never wasted (unlike traditional LTC insurance)
  • ✓ Protects both income and care needs
  • ✓ No monthly premiums (one-time lump sum)
  • ✓ Benefits multiply (2X-3X your investment)
  • ✓ Tax advantages (Pension Protection Act)
  • ✓ Family receives remaining value if care not used

⚠️ Drawbacks

  • • Requires large lump sum ($50K–$500K+)
  • • Money is less liquid (surrender penalties apply early)
  • • Not everyone qualifies (basic health questions)
  • • Growth may be slower than investments
  • • Benefits capped (unlike unlimited traditional LTC)

Real LTC Annuity Products (2025)

Global Atlantic ForeCare

Indexed annuity with a 2X LTC multiplier. Your money grows based on market index performance (with 0% floor), and if you need care, you receive double the account value.

Example: $200,000 grows to $250,000 → LTC benefit of $500,000

OneAmerica Care Solutions

Fixed annuity with guaranteed growth plus 3X LTC benefit. Safe, predictable growth with triple coverage if long-term care is needed.

Example: $150,000 grows to $180,000 → LTC benefit of $540,000

Nationwide Peak

Indexed annuity offering flexible LTC multipliers (2X-4X). Customize your coverage based on your needs and budget.

Example: $100,000 with 3X rider → $300,000 LTC benefit

Who Should Consider an LTC Annuity?

✓ You're age 50–75 and want to plan ahead for potential care needs

✓ You have $50,000+ in liquid assets that you can allocate to long-term protection

✓ You don't want to waste money on traditional LTC insurance you might never use

✓ You want to protect your family's inheritance from being wiped out by care costs

✓ You value peace of mind knowing you're covered either way

✝️ Caring for Yourself Honors Your Loved Ones

Planning for long-term care isn't about fear—it's about faith and love. When you protect yourself, you protect your family from financial and emotional burden. This is an act of stewardship and care that honors those you love most.