The Steepest Part
of the Climb:
Long-Term Care
Long-term care will impact over 70% of retirees in some way. The question is: Will you be prepared, or caught off guard?
The biggest threat to a comfortable retirement and a smooth legacy isn’t always the stock market. Often, it’s chronic care — needing help with daily activities for months or years.
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Over 70% of retirees will need some form of long-term care or chronic assistance
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Costs can easily reach tens of thousands of dollars per year
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Without a plan, families are forced into reactive, emotional decisions that can drain savings and strain relationships
This is why, in every consulting conversation, you show clients there are five ways to pay for long-term care — and why planning ahead matters.
The 5 Ways to Pay for Long-Term Care
Everyone will pay for long-term care in one of these ways — either by choice or by default. The goal is to choose intentionally
Cash / Out-of-Pocket
Using your savings, investments, and income as expenses occur. Simple, but it can quickly deplete your retirement funds and legacy.
Traditional Long-Term Care Insurance
A policy designed specifically to cover care costs. Pay premiums now to transfer some of the risk to an insurance company.
Annuity with Long-Term Care Riders
Annuities that can boost your income or provide additional benefits if you need chronic care.
Life Insurance with Long-Term Care Riders
Life policies that let you accelerate the death benefit to help pay for long-term care while you’re still alive.
The Government Plan
Depending on government programs after spending down assets and losing financial flexibility—often the default when there is no plan.
*Our process is simple: we help you compare these options and decide which combination fits your goals, health, family situation, and budget.
AMERICAN BENEFIT RESOURCES LLC