Long Term Care Savings Calculator

One way to pay for long term care expenses is to use personal savings. By preparing ahead and saving diligently, you can set aside a reserve for future long term care expenses.

Use the tool below to determine how much you will need to save each month in order to cover potential long term care costs.

All fields are required.

 

Estimate the total cost of care Not sure? Use the cost of care calculator.	$
How old are you?		years old
How old do you expect to be when you will need care?		years old
How much can you currently save for care every month?	$
What annual rate of return do you expect on these savings?		% Tip

 

Your total savings in years
Cost of care in years, taking inflation into account: Inflation based on 5% yearly compounded inflation rate used for health expenses.
Difference between what you save and the cost of care:

You can recalculate by entering new data in the fields above and clicking the Calculate button again.

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