I'm not retired yet as I need to keep earning to pay health insurance (will be 65 in three years). Went to a talk on "insurance "packages and the fellow was touting 'Asset protection annuity with LT Health care included".If you never use the long term care, beneficiaries get twice the principal in a death benefit. A $50,000 lump sum buy-in pays approx. $350,000 in LT health care.The annuity grows and the death benefit and LT care amt increase.My brother says the small print will mean you will never get what you expect. I could only afford something like this if I sold my home and moved to a less expensive area and property.I kind of like my home and may not ever sell---but are these annuities all bad?? I think this one was with Lincoln Financial. I don't have alot, but would love to leave something to my three sons.CTKaren
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