Long-Term Care Insurance Calculator: Estimate Your Premium
Long-term care insurance covers the costs of nursing homes, assisted living, and in-home care when you can no longer perform daily activities independently. The average nursing home costs over $90,000 per year.
This calculator estimates premiums based on your age, desired daily benefit, benefit period, and inflation protection. Buying at a younger age significantly reduces premiums.
About 70% of people over 65 will need some form of long-term care. Medicare covers very limited long-term care, making private insurance essential for asset protection.
For related tools, see our life insurance calculator and retirement calculator.