Asset-Based Long-Term Care
What is LTC?
Protecting Legacies.
Eliminating Uncertainty.
At Epic Wealth Consultants, we offer Asset-Based Long-Term Care Insurance (LTCi), which combines life insurance or annuities with long-term care protection. This unique hybrid provides both security and flexibility, helping preserve your wealth and ensure the care you need without the worry of "use it or lose it" policies.
Long term care insurance is offered in many ways from traditional LTC, to Asset based LTC aka (Linked Benefit LTC & Hybrid LTC).
At EWC we demystify the options and provide our clients with TAX Free benefits for future needs.
Things to consider:
Duration - How long do you want to be covered for? (Family history plays a role in this decision)
Amount (dollar amount) - How much coverage do you want per month? (This will depend on Location and type of care)
Funding - How do you want to Pay for it? (There are multiple options)
As always with any of our custom solutions we will ask:
"What is the purpose of this money and what do you want it to accomplish?"
FAQ's
frequently asked questions
Explore our faqs or reach out to understand how our financial guidance works.
"Isn’t long-term care insurance a waste of money if I stay healthy and never use it?"
That is the fatal flaw of traditional "use-it-or-lose-it" policies, but it is not how modern Asset-Based LTC works.
With asset-based coverage, your dollars are never lost. If you stay healthy and never require a single day of care, 100% of the asset passes to your children or designated beneficiaries as a tax-free life insurance death benefit. If you do need care, the policy leverages your principal into a substantially larger pool of tax-free healthcare funds. Every dollar serves a defined financial purpose.
"I'm only in my 50s / early 60s. Isn't it too early to think about this?"
The ideal window to secure long-term care protection is between ages 48 and 62, while you are still healthy and active.
Securing coverage early offers two massive advantages:
Lower Costs & Better Leverage: The younger you are, the larger the pool of tax-free healthcare dollars your asset purchase generates.
Medical Underwriting: Asset-based policies require basic health qualification. Waiting until you receive a mild cognitive, cardiovascular, or joint health diagnosis often makes securing coverage substantially more expensive or impossible.
"I’d rather receive care in my own home, not be stuck in a facility."
Modern asset-based policies are specifically engineered to keep you in your home for as long as possible.
The vast majority of care benefits paid out today are utilized for home healthcare aides, occupational therapists, chore services, and home modifications (like ramps and walk-in showers). You maintain complete autonomy over where and how you receive support—whether that means aging safely in your family living room, choosing an upscale assisted living suite, or specialized memory care if needed.
"My nest egg is large enough—can’t I just self-insure?"
"Self-insuring" really just means self-paying at full retail cost from taxable accounts.
A serious cognitive event (like Alzheimer's or dementia) can easily cost $8,000 to $12,000+ per month for 4 to 8 years. Paying that out-of-pocket requires pulling large sums from traditional IRAs or 401(k)s, which triggers steep ordinary income tax brackets and higher Medicare Part B/D surcharges (IRMAA).
An asset-based policy acts as a tax-free buffer: you leverage a small portion of your balance sheet to create a multi-hundred-thousand-dollar tax-free shield, protecting the rest of your portfolio from rapid liquidation during down markets.
"Can I use existing retirement accounts or an old life insurance policy to fund this?"
Yes. You do not need to come up with out-of-pocket cash from your everyday checking account.
We frequently execute tax-free 1035 exchanges from dormant, underperforming cash-value life insurance policies or annuities directly into modern asset-based LTC contracts without triggering taxable events. You can also utilize structured rollovers from traditional IRAs or 401(k) balances to fund your care pool systematically.
"Can the insurance company hike my premiums down the road?"
No. Unlike legacy policies from decades past that were subject to unpredictable, double-digit rate hikes, the asset-based strategies we structure at Epic Wealth Consultants feature contractually guaranteed, locked-in pricing.
Whether you fund your plan with a single lump-sum rollover or spread it over a guaranteed 5- or 10-year funding schedule, your costs are locked from Day 1. The carrier cannot increase your premiums or change the contract terms in the future.
"Won't Medicare or health insurance cover my nursing home or in-home care?"
This is the single most expensive misconception in retirement planning.
Regular Health Insurance & Medicare: Only cover skilled, rehabilitative care for a very short duration (typically up to 100 days following a qualifying hospital stay). They do not pay for ongoing, non-skilled custodial care—the day-to-day assistance most aging individuals need.
Medicaid: Will cover long-term care, but only after you have systematically spent down your liquid assets to near poverty levels (often below $2,000–$5,000), leaving you with zero control over which facility you reside in.
Private LTC coverage ensures you receive care on your terms, in high-quality facilities or the privacy of your own home, without spending down your family’s inheritance.
Concerned About Future Healthcare Costs Derailing Your Family?
Let’s run an asset-based LTC stress test on your current retirement plan. In 15 minutes, we'll show you exactly how much coverage your existing portfolio can generate—with zero use-it-or-lose-it risk.
Every Family has a financial story. What do you want yours to be?
Whether you want to lock in your retirement income, protect your family from catastrophic healthcare expenses, or explore institutional partnerships—we are here to guide you.
Empowering retirees and pre-retirees to eliminate the fear of outliving their money. Through contractual guarantees, asset-based healthcare defense, and tax-advantaged legacy design, we ensure your hard-earned wealth is protected through every market cycle.
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