In this episode, Marty Becker talks about long term care riders in annuities. He explains what a long term care rider is and how it works. A long term care rider can help if you ever need extra care, like in a nursing home, by doubling your income payment from your annuity.

But Marty also shares some important things to think about. Most people might not actually get to use this benefit because it depends on having money left in your annuity when you need the care. Marty explains why this might not happen and why choosing an annuity with a long term care rider could actually cost you more money over time.

He also talks about better options, like getting long term care insurance, which can provide more protection if you ever need it.

If you’re thinking about your future and planning for long term care, this episode is full of helpful advice to make sure you make the best choice.