Patty (age 63) & Tim (age 68)
IRA Example
- Patty is frightened by the idea of going in to a Nursing Home
- Tim is not a fan of traditional Long-Term Care
- Would like to leave an inheritance to children
IRA
$
0
Checking/CD’s
$
0
Stocks/Bonds
$
0
Patty & Tim’s Strategy
$7,500/month benefit are paid to each for:
- Home Health Care
- Assisted Living
- Skilled Care
- 100% Full Refund of Premium
Tim’s Current IRA
$
0
Tax-Free Transferred from Tim’s IRA
Tim’s New IRA, 100% Liquid
$
0
Tax-Free Transferred from Tim’s IRA
Tim’s New IRA, 100% Liquid
$
0