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The Immediate Needs Annuity and Long-Term Care Insurance | Synapse
March 3, 2026
Open Access
The Immediate Needs Annuity and Long-Term Care Insurance
LF
Leora Friedberg
National Bureau of Economic Research
WS
Wei Sun
AW
Anthony Webb
Key Points
Immediate needs annuities provide secure income streams for long-term care costs, enhancing financial stability.
Incorporating long-term care insurance improves risk management strategies for retirement planning.
This assessment draws from comprehensive financial models evaluating aging-related expenditures.
Highlighting the advantages of combined insurance solutions can improve retirement outcomes for seniors.
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Friedberg et al. (Thu,) studied this question.
synapsesocial.com/papers/69a75f99c6e9836116a2b157
https://doi.org/https://doi.org/10.2139/ssrn.6150327
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