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Long-Term Care Required Savings

Long-term care, which includes expenses for nursing homes and other services such as extended in-home care, is an expense that is difficult to afford without long-term planning. The cost of a private room in a nursing home can be more than $100,000 per year, depending on your location. Use this calculator to estimate the cost of long-term care and see what it would take to attempt to save for this expense.

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Edelman Financial Engines® is a registered trademark of Edelman Financial Engines, LLC. All advisory services offered through Financial Engines Advisors L.L.C. (FEA), a federally registered investment advisor. Results are not guaranteed.

Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.