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

This information may help you analyze your financial needs. It is based on information and assumptions provided by you regarding your goals, expectations and financial situation. The calculations do not infer that the company assumes any fiduciary duties. The calculations provided should not be construed as financial, legal or tax advice. In addition, such information should not be relied upon as the only source of information. This information is supplied from sources we believe to be reliable but we cannot guarantee its accuracy. Hypothetical illustrations may provide historical or current performance information. Past performance does not guarantee nor indicate future results.

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