0 Replies Latest reply on Jan 30, 2011 9:35 AM by CarolGM

    LTC, Medicaid, and TIAA-CREF assets

    CarolGM

      My husband and I have learned that he is "uninsurable" for ltc due to a number of chronic illnesses, esp diabetes.  First, does such a thing as 'uninsurable" really exist, and second, how do we manage if he needs care that I cannot provide without paying down our nest egg to t he medicaid limit of 112,000.  If my retirement savings goal with tiaa-cref exceeds that--and of course it does if it's going to provide an annuity adequate for our retirement, even a small one--what protects that asset from haviing to be spent to a point it would not support me in retirement?

      Carol GM