Friday, July 30, 2010

Can I Use Annuities for LTC costs?

For some, annuities are an appropriate vehicle to shield your retirement savings from long term care costs, but you have to do your homework before choosing that option. Here is a great article going over the basics.

http://www.timesherald.com/articles/2010/07/28/business/doc4c4fb3f2bb3fb346900588.txt

CBS Money Watch - Blog Entry Regarding Long Term Care Insurance

This is a great blog posting addressing the question: Should you buy long term care insurance?

http://moneywatch.bnet.com/retirement-planning/blog/money-life/should-you-buy-long-term-care-insurance/1258/?tag=content;col1