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Calculators


Got a question that involves number crunching? Use the calculators on this page to find the mathematical answer to the most commonly asked number-crunching questions, and see your inputs displayed next to the graph, chart, and/or table output in a side-by-side display.

Calculator: Print This Page
Long-Term Care Needs Calculator
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*The costs of long-term care vary widely. Your estimated costs may be higher or lower depending on where you live and the care you need. Refer to the U.S. Department of Health and Human Services site (www.longtermcare.gov) for estimates on the average cost of nursing home care for each state.

**How long you may need care depends on many factors including your age, health, gender, and where you live. You can get more information from the U.S. Department of Health and Human Services site (www.longtermcare.gov).

***The cost of long-term care is rising. While the annual increase in the cost of long-term care depends on many factors, for reference, most long-term care insurance policies offer simple or compound inflation protection options of between 1% and 5% per year.

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This calculator is designed to quickly estimate your potential future long-term care (LTC) costs, the future value of your current savings, and the gap between these two amounts--your unprotected LTC need. Simply enter an amount for each category listed, then click the calculate button for results.


Long-Term Care Needs Calculator Chart

Your total long-term care cost is $699,989. Your first year's long-term care cost is $131,846.*

The future value of your LTC savings fund in the year before your LTC expenses are incurred is $0. Your estimated unprotected LTC need is $699,989.



    Assumptions

  • *The estimated annual LTC cost reflects the first year only, not later years that are adjusted for inflation.
  • The calculation assumes earnings on savings are compounded monthly.
  • The future value of the current savings does not take into account the effect of federal or state income taxes.
  • This is a hypothetical example based on the input supplied and is not a guarantee of performance for any particular investment.
This long-term care needs calculator does not include every financial consideration or personal circumstance, and should be used only as a guide.

©2017 Broadridge Investor Communication Solutions, Inc. All rights reserved.
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Disclaimer: The opinions expressed herein are those of the writer (Forefield Inc.) and may not reflect those of Wunderlich Securities, Inc. or any of its affiliates.  The information herein has been obtained from sources believed to be reliable, but we can not assure its accuracy or completeness.  Neither the information or any opinion expressed constitutes a solicitation for the purchase or sale of any security.  Any reference to past performance is not to be implied or construed as a guarantee of results.

The tax information provided is not intended to be a substitute for specific individualized tax planning advice. We suggest that you consult with a qualified tax advisor.

Securities offered by Wunderlich Securities, Inc. Member FINRA/SIPC

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