Raymond Yau, MBA, M.Ed.CRD# 7802363
Fiduciary Financial Planner
Retired U.S. Navy Commander
Forthright Capital Partners
Educational Planning Tool

Long-Term Care (LTC) Calculator.

Estimate future long-term care costs and compare them to funding sources. Print a clean report you can save as PDF.

National benchmarks built in Print / Save PDF report Charts: cost curve + gap bar
Configuration

Care Scenario

Enter details about expected care needs and funding sources.

LTC costs often rise 3%–5%/yr
~70% of adults 65+ will need some LTC
Use probability weighting?
Funding Sources
SS/pension applied toward care
Benchmark: $5,900/mo

How the benchmark is calculated:

Assisted living: national median is $5,900/month (2024).

Results

Cost & Funding Analysis

Estimates update automatically when inputs change.

Home
Assisted
Nursing
Day Care
Projected Monthly Cost at Start
$0
At age care begins
Total Estimated Care Cost
$0
Over care period
Total Funding Available
$0
Assets + income + insurance
Gap / Surplus
$0
vs. total care cost
Coverage Ratio 0%
Enter your details and click Calculate to see a plain-English summary of your long-term care cost projection.
Projected Monthly Cost Over Time
Total Need vs. Total Funding
Reference Data

National Benchmarks & Planning Stats (U.S.)

National median monthly cost (2024) for the selected care setting.

Home Health Aide $5,824/mo Homemaker $5,720/mo Assisted Living $5,900/mo Nursing (Semi-Private) $9,277/mo Nursing (Private) $10,646/mo Adult Day Health Care $2,167/mo

How Common Is Long-Term Care?

Approximately 70% of adults who reach age 65 will need some form of long-term care during their remaining years. This is a baseline planning probability, not a certainty.

Duration varies widely: the average need is about 3 years, but roughly 20% of people may require care for longer than 5 years.

Reality Check: Costs Vary by Region

These are national medians. Costs in metropolitan areas (especially the Northeast and West Coast) can be 30%–60% higher. Rural areas may be lower. Always check local rates for your specific planning area.

What This Calculator Does (and Doesn't)

This tool projects future costs using a simple inflation model and compares them to the funding sources you provide. It does not account for taxes, Medicaid eligibility rules, specific policy terms, or changes in health status. It is meant for educational illustration only.

Sources: Genworth / CareScout Cost of Care Survey (2024); U.S. Department of Health & Human Services / Administration for Community Living long-term care planning statistics.

Want a Personalized Long-Term Care Strategy?

This calculator provides estimates only. A comprehensive plan considers insurance options, Medicaid planning, tax implications, and your complete financial picture.

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