Planning ahead is a value we hold deeply in our community. Whether it's preparing for a simcha, investing in our children's chinuch, or saving for retirement, we do our best to make responsible decisions not just for ourselves, but for those who rely on us. That's why long-term care planning is so important, and why there's one product we believe many families in our community should know about.
It's called a long-term care annuity, and for those who qualify, it can provide two or even three times your original investment in long-term care benefits. That means if you invest $100,000, you may have access to $200,000 to $300,000 in tax-free benefits to cover care at home, in an assisted living facility, or in a nursing home.
This is more than just a financial product. It's a way to protect your kavod, preserve your independence, and avoid becoming a burden to your children later in life. We all hope to stay healthy for many years, but life doesn't always go according to plan. If a person needs daily assistance, whether due to physical limitations, memory loss, or a serious illness, the costs can quickly become overwhelming. With this annuity in place, you don't have to worry about draining your savings or depending on your children to figure it out.
Why This Option Appeals to Families
Many families we speak with are looking for a way to protect themselves without paying into something they may never use. That's what makes this product so compelling. It combines asset protection, long-term care coverage, and a guaranteed return if care is needed.
Some highlights include:
- No premiums; you make a one-time investment
- 2x or 3x payout in benefits for qualified long-term care needs
- Tax advantages when used for care
- If care is never needed, the value is passed to your heirs
For families who want to do what's best for their loved ones, this product offers a smart and meaningful solution. It aligns with our values of planning responsibly, honoring parents, and making sure our children are not left with difficult decisions and expenses.
Is This Right for You?
This kind of annuity is typically available to individuals age 45 to 80 in relatively good health. If you have assets set aside for retirement, this could be an ideal way to reposition those funds so they not only grow, but also protect you in the event of a care need. It's especially powerful for couples who want to be sure that one spouse can continue to live comfortably even if the other requires extensive care.
Every situation is different, and not all products are suitable for everyone. That's why we always begin with a conversation. No pressure, no obligation. Just a clear explanation of how the product works and whether it fits your needs.
Take the Next Step in Protecting Your Family
At Landau Insurance Brokers in Los Angeles, we've helped many families across California and other states find the right solution for long-term care. If you're starting to think about how to prepare for your later years, or you're helping a parent get their affairs in order, we're here to guide you.
Call us to schedule a confidential consultation and learn whether this annuity could help protect your future and your family's peace of mind.
