In this episode, The Annuity Man and John Lenz discuss:

• How people reacted to the new payroll tax rule for LTC in Washington state.
• Live, die, quit - find out what that means
• Making mathematical decisions for your retirement

Key Takeaways:

• Live, die, quit. If you live, and you need long term care services, you'll benefit. If you die, your family will benefit. If you quit, you'll get your money back or some multiple or percentage of it depending on your plan.
• The benefit from where you're coming from to where you're going to - "the going to" has to be better mathematically.

"Can an annuity work in this situation?.. Yes… you can basically establish your own reserve. Instead of paying a tax every year, you can write a check to the insurance company, create a long-term care annuity" — John Lenz

Connect with John Lenz:

Website: https://www.lenzfinancial.com/

Connect with The Annuity Man:

Website: http://theannuityman.com/

Email: [email protected]

Book: Owner's Manuals: https://www.stantheannuityman.com/how-do-annuities-work

YouTube: https://www.youtube.com/channel/UCCXKKxvVslbeGAlEc5sra2g

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