Long-Term Care Funding Planner v2

👤 Your Personal Information

Gender

Affects care duration & probability defaults. Source

Age

Current age of the person being planned for.

Spouse / Partner

Determines spousal financial protection analysis. Source

Family History of LTC

Genetic likelihood of extended care needs. Source

💰 Your Financial Picture

Retirement Assets

Total investable assets available for care. Source

Annual Income

Social Security, pensions, and other income. Source

Annual Living Expenses

Ongoing expenses during care (housing, food, taxes). Default: 70% of income.

🏥 Care Preferences

Multi-Phase Care Pathway (Home → Assisted Living → Nursing Home)

Preferred Care Setting

Affects projected cost. 2025 CareScout Data

Estimated Care Duration

Auto-set by gender. Women avg ~3 yrs, men ~2 yrs paid care. Source

Total Care Duration (Years)

Phase Distribution (%)

Home Care

Assisted Living

Nursing Home

Total: % — Must equal 100%

Expected Age Care Begins

Median LTC facility admission age is ~82. Used for cost inflation projection.

Care Cost Inflation Rate

LTC costs have risen 3–7% annually. Source

🎯 Strategy Preferences

Risk Tolerance

1 = Very risk-averse, 10 = Very comfortable self-funding. Source

LTC Insurance Budget ($/yr)

Max annual premium you'd pay. Source

Hybrid LTC Allocation

Lump sum for a hybrid life+LTC policy. Source

Your Long-Term Care Funding Analysis

Based on your gender () and age, approximately of people in your demographic will need paid long-term care at some point after age 65. Of those who do, the average duration of paid care is .

Total Projected Care Cost

Annual Cost (Today)

Annual Cost (Projected)

Coverage Gap

After income (net of living expenses)

Self-Funding Capacity

Hybrid & Insurance Estimates

Hybrid LTC Benefit (age-adjusted leverage)

Hybrid Death Benefit (if care not needed)

Estimated Traditional Insurance Pool

Est. Monthly Benefit from Insurance

Strategy Scoring

Self-Funding

Traditional LTC

Hybrid Policy

Combination

Recommended

Alternative

This calculator is for informational and educational purposes only. It does not constitute legal, financial, or insurance advice. Actual costs, insurance premiums, and policy benefits vary by location, health status, insurer, and specific policy features. Cost data from CareScout 2025 Cost of Care Survey. Probability data from AALTCI (July 2024) and ASPE/HHS. Please consult a licensed professional to evaluate long-term care options based on your personal circumstances.