What are my long-term care insurance needs?

There are basically three ways to fund your long-term care needs: self-insure, qualify for Medicaid, or obtain long-term care insurance. Use this calculator to determine your potential long-term care needs and how long your current assets might last.
Age, Savings and Assumptions
Your current age 
Age estimated to begin long-term care 
Annual cost of long-term care in today's dollars ($) 
Annual long-term care inflation (%)help
Number of years estimated to need long term care 
Value of funds already set aside by you for long term care ($) 
Recommended Savings Assumptions
Before-tax return (%)help
Marginal tax bracket (%)help
Annual increases (%)help
The information provided here is to assist you in planning for your future. Any analysis is a result of the information you have provided. Material discussed is meant for general illustration and/or informational purposes only and it is not to be construed as tax, legal, or investment advice. Although the information has been gathered from sources believed to be reliable, please note that individual situations can vary therefore, the information should be relied upon when coordinated with individual professional advice.

Any rate of return entered into the interactive calculator to project future values should be a reasonable average return for the period. Rates of return will vary over time, and generally the higher the rate of return the higher the degree of risk.

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