Asset-Based Long-Term Care: A Smarter Way to Protect Your Future Long-term care (LTC) is one of the most significant financial risks Americans face as they age. With nursing home costs now often exceeding $100,000 per year and home care averaging $5,000–$7,000 per month , many households struggle to protect their savings while planning for quality care. Traditional long-term care insurance helped bridge this gap for years, but rising premiums, limited flexibility, and “use-it-or-lose-it” concerns have pushed many families to explore better alternatives. Enter asset-based long-term care —a growing solution that combines life insurance or annuities with long-term care benefits, delivering flexibility, guarantees, and financial protection. What Is Asset-Based Long-Term Care? Asset-based LTC (also called hybrid LTC or linked-benefit insurance ) is a policy where you deposit a lump sum or pay structured premiums into a life insurance or annuity product. In return, you rece...
