Meet some fellow Texans who are planning ahead to meet their long-term needs and learn whether their strategies might work for you.

David & Carolyn

Ages 58 and 54

David and Carolyn are successful business owners with no immediate plans to retire. They have two adult children and three young grandchildren.


  • Protect their assets and provide an inheritance for their family.
  • Would consider retirement housing when they are ready to down size.

Options to Consider

  • Qualified traditional long-term care insurance plan for possible tax advantages as business owners.
  • Hybrid long-term care insurance plan to reposition assets not needed for retirement income.
  • Annuities to fund retirement.
  • Trust to provide for their heirs.
  • Charitable remainder trust to secure lifetime income, save taxes, and benefit a favorite charity.


Age 58

Starita lives with a partner and has no children. She is employed full time and coordinates care for her aging parents, who live in their own home.


  • Maintain her independence as she ages.
  • Stay in her home as long as possible.
  • Avoid a nursing home just like her parents.

Options to Consider

  • Check with her employer about options for purchasing long-term care coverage through her job.
  • Choose a Partnership-qualified traditional long-term care insurance policy that allows her to maintain flexibility in her living options.
  • Annuities for retirement income.


Age 61

Recently widowed, Julia lives with her son and his family. She works part-time and plans to continue working until age 70. Julia’s mother, who is 89, lives in a nearby assisted living facility.


  • Enjoys living with her son and family but does not want to depend on them for daily care.

Options to Consider

  • Talk to a specialist aboupt a Partnership-qualified long-term care policy that offers a cash option to pay family members for their care.
  • Select a continuing care retirement community.
  • Invest

Jose & Evangeline

Ages 55 and 53

Jose, who works full-time, has type 2 diabetes that is controlled with diet and medication. She has always been an active volunteer and was the primary caregiver for her father, who had Alzheimer’s and lived with them until his death.


  • Remain together and take care of one another as long as possible.
  • They would prefer to remain in their hometown, where they have many friends, rather than move out of state to be closer to their children.

Options to Consider

  • Check with Jose’s employer about purchasing a Partnership-qualified traditional long-term care insurance policy that includes coverage in the state where their children live.
  • Jose’s diabetes and Evangeline’s family history of Alzheimer’s may make it difficult for them to qualify for long-term care coverage. They should consider a critical illness policy that includes benefits for Alzheimer’s.
  • Invest in annuities that provide retirement income.
  • Investigate continuing care retirement communities in their area.


Age 60

Married with two adult children, Robbie is employed full-time and plans to retire at age 65. She recently got a clean bill of health from her doctor but has three siblings who are currently undergoing cancer treatment.


  • Maintain autonomy over her living and health-care options.
  • Avoid nursing home care if at all possible.

Options to Consider

  • Select a Partnership-qualified traditional long-term care insurance policy. With such a strong family history of cancer, Robbie might supplement her long-term care policy with a Cancer and Critical Illness policy, because cancer treatment often requires frequent co-pays, as well as travel and transportation expenses.
  • Establish a trust to protect assets for her heirs.
  • Consider a life settlement if her health deteriorates.

This is not a paid endorsement.