Updated Saturday, August 29, 2015 as of 2:13 AM ET

From Allocations to Annuities: 4 New Retirement Planning Ideas

CHICAGO -- It's time to rethink retirement planning.

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Comments (3)
If Allan Roth believes wealthy clients should self-insure for long term care risk, why shouldn't they self-insure for life insurance, home & umbrealla insurance, health & disability?? Has he never done breakeven analysis for long term care premiums vs benefits?
Posted by Gary D | Friday, June 20 2014 at 1:04PM ET
My concerns for advising self-insuring for long term care risk is what happens to the spouse left behind when the funds are depleted to the point of a significant lifestyle change after the care situation is done. The caregiver is likely to need care also in the future as this is a very stressful job. Also, Medical advances are increasing the need for LTC planning; changes in a 40, 50 or 60 year old person's health habits will lengthen the time people live in the retirement stage, and the $$ are used up for living through retirement and nothing is left for the most costly part of life. Those last few months or years when the care matters the most. Ask my mom...oh never mind she has dementia and doesn't think about money at all. Thank goodness she has LTC coverage, and when that is depleted we (her children) will access her funds that have been growing for the last 5 years untouched to pay for the rest of her care needs.
Posted by Deb H | Friday, June 20 2014 at 6:52PM ET
There is no risk of total loss for a deferred income annuity if death occurs before payments again with the new contracts. Premiums are returned as cash refunds or installment refunds.

Steve R.
Posted by Steve R | Thursday, July 03 2014 at 1:26AM ET
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