Long Term Care Cost Calculator to Help You Plan
We all know that costs for well… pretty much everything continue to rise. There’s devastation going in Ukraine, inflation is here, supply chains are stressed, oil and gas continue to go up…and the stock market – blah. Here’s another thing that continues to rise. It’s the cost of care. Or the cost of long term care, specifically. That’s why we built a long term care cost calculator for you to use, so you can start to figure out what your long term care costs might be. Our long term care cost calculator is easy to use and will ask for a few simple inputs to help you figure out what your cost of long term care may be. You don’t even need to give us your email or phone number to use it.
The most important factors it includes are your age, what part of the country you plan to live in during retirement, and how long you may need to have long term care services. It will also allow you to input how much you’ve saved for you long term care needs, and it’ll calculate the difference between what you’ll have saved and what you’ll need. You can use it to help you decide if you’ll need long term care insurance and then explore what long term care insurance might cover.
Planning for long term care needs is one of the most important things we think every adult should include in their financial planning. Whether we like it or not, we’re all getting older and at some point, the bulk of us will need help with everyday activities. And unless you have family or friends who will be able to take care of you, then the costs of services will be high. So, we think it’s important to know what you’re up against in terms of costs. So if you’re starting to think about long term care planning, then check out our long term care cost calculator. And if there’s anything ele we can do to help you with your planning, book an appointment (no obligation, of course).