Are you looking to protect your retirement savings from the staggering costs of nursing homes, assisted living, or home health care? If you are considering adding a long-term care rider to your annuity, you need to understand the critical distinction between an income "doubler" rider and a true long-term care annuity.

In this unfiltered video, Shawn from The Annuity Expert breaks down how a long-term care rider on a Guaranteed Lifetime Withdrawal Benefit (GLWB) works. If you become unable to perform 2 out of 6 Activities of Daily Living (ADLs) or enter a care facility, a long-term care rider will temporarily double your lifetime income payout (for example, increasing your annual income from $10,000 to $20,000).

However, Shawn draws on his 18 years of experience to explain why LTC riders barely scratch the surface of real care costs. W ...