One of the greatest financial risks in retirement is the rising cost of long-term care. According to the U.S. Department of Health and Human Services, nearly 70% of retirees over age 60 will eventually need some type of assisted living, home health, or nursing care. These expenses—ranging from $3,000 to $9,000 or more per month—are not covered by Medicare or Medicare supplements. Without a plan, retirees are often forced to deplete their savings, depend on family, or face difficult lifestyle compromises.

That’s why insurance companies now offer annuities specifically designed to address health-care expenses. Using IRS Code 7702B, these asset-based long-term care annuities allow you to reposition a portion of your savings into a strategy that can multiply your dollars—sometimes by 200–300%—for qualified custodial care costs. Best of all, withdrawals for long-term care can be tax-free, meaning you keep more of your money working for you when you need it most.

Here’s how it works: you contribute a lump sum, often $100,000 or more, into a specially structured annuity. That contribution can then provide guaranteed coverage for several years of care. For example, a $100,000 annuity may provide up to $288,000 in benefits over a four-year care period. If care is never needed, your money continues to grow tax-deferred and can be passed on to your heirs. Unlike traditional long-term care insurance, you don’t lose what you don’t use—your funds remain an asset, not a sunk cost.

These LTC-leveraged annuities preserve dignity, independence, and financial security while protecting families from the emotional and financial burden of care costs. If your retirement goal is to safeguard savings for potential health-care needs, now is the time to compare today’s solutions. Dare to compare how modern annuities can help your savings do more when paying for care.

Now is the time to schedule 30 minutes with Mark to find out how easy it can be to protect your retirement Savings and Estate from long-term care costs with efficient methods of LTC planning. Schedule today!