Long-Term Care Required Savings

Estimates how much you need to save or self-fund to meet long-term care expenses.

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Care Cost Estimates

$
3 years

Your Savings

$
25 years
%

LTC Savings Requirements

$324,000
Total Care Cost Needed
$223,248.49
Current Savings Will Grow To
Additional Savings Needed$100,752
Monthly Contribution Needed$145
Annual Contribution Needed$1,745
Funded69%

To self-fund $324,000 in long-term care costs, save $145.39 monthly in addition to your current $50,000.

How it works›

Model and assumptions. Projects care expenses from the entered daily or monthly cost, inflation and duration, then discounts or funds the target using the assumed return. Timing and duration of care are assumptions. Public benefits, policy eligibility and actual local care quotes require separate review.NAIC: long-term care guideOpenStax: annuity formulas