I am not sure what you are referring to. How old is the person that needs protection? Young, old, near nursing home age. If you give me more details -- I can guide you.ThanksB. Inman
I am 76 years old. Is there an annuity that I can buy now which will keep the capital out of the hands of the government or a nursing home?
There are annuity products that can be purchased using qualified funds (protecting your capital from taxes).There are also numerous financial strategies to protect your capital from the high costs of long term care.These are sophisticated strategies that require a holistic approach to retirement financial planning -- not just an off the shelf solution.Have you spoken with a financial advisor about your concerns? NewRetirement can connect you with a prescreened advisor who can look at your overall situation and goals and create a plan tailored to your needs and aspirations.Continue here to find the right advisor for you: https://www.newretirement.com/Services/Professional_Financial_Advisors_Advice.aspx
