Long-Term Care — Plan Ahead
70% of 65+ need some LTC. Medicare does NOT cover. Nursing home $8–10K/mo. Average need 3 years.
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Buy in 50s for best rates Inflation protection essential 90-day elimination saves premiums Shared-care for couples
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Why: 70% need LTC. Medicare does not cover. Plan in 50s for best rates.
How: Enter age, daily benefit, benefit period, inflation. See premium and coverage pool.
Run the calculator when you are ready.
Sample Scenarios
Coverage Options
Estimated Annual Premium: $3,360
Total coverage pool: $219,000 | Break-even: 1.4 years of care
Total Coverage
$219,000
Annual Premium
$3,360
Lifetime Premiums
$100,800
Break-Even
1.4 yrs
Coverage Analysis
Coverage Details
Premium Estimates
Analysis
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LTC Insurance Facts
70% of people over 65 will need some form of long-term care.
- • Average nursing home cost: $8,000-$10,000/month
- • Home health aide: $4,000-$5,000/month
- • Average LTC need: 3 years
- • Medicare does NOT cover long-term care
Alternatives to Consider
- • Hybrid policies: Life insurance + LTC rider
- • Self-insure: Save $300K+ specifically for LTC
- • Medicaid planning: Spend down assets, qualify
- • Short-term care insurance: Covers first 1-2 years
Key Takeaways
- • Buy in your 50s for best rates
- • Inflation protection is essential
- • 90-day elimination period saves premiums
- • Consider shared-care policies for couples
This calculator provides estimates. Get quotes from licensed agents.
Estimates only — not an insurance quote or offer. Contact a licensed agent for actual rates.
💡 Money Facts
70% of 65+ need some LTC. Medicare does NOT cover.
— ACL
Nursing home: $8–10K/mo. Home aide: $4–5K/mo.
— Industry
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