Long-Term Care Self Insurance  

Nobody wants to think about the possibility of needing long-term care. But if, somewhere down the line, you and/or your spouse do need assistance, will you have the funds available to pay for care? How much will an extended stay in a nursing facility or care received in your own home cost? Will you be able to meet this cost and still pay your and/or your spouse’s personal living expenses? Will there be enough left over to provide an inheritance for your loved ones or your favorite charity? Does it make sense to self-insure when private long-term care coverage is available? This calculator will assist you in answering these questions.

     

What is your current age?

At what age do you want to assume that you begin to use long-term-care services?

What inflation rate for long-term-care services do you wish to assume?

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What is the current daily cost of a nursing/long-term care facility in your area?
(The current average daily nursing home cost nationwide is $213 according to the 2012 Field Guide, National Underwriter, but in some areas of the country, and/or for a private room at a high-quality facility, the daily amount can easily exceed $300.)

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Cents & Sensibility
Cents & Sensibility, Inc.
5890 Stoneridge Drive, Suite 103		 • Pleasanton, CA • 94588
Phone: 925-225-1135 or
toll free 877-CENTS11		 • Fax: 925-225-1227
• Sharon@centsandsensibility.com Laurie@centsandsensibility.com Lisa@centsandsensibility.com Kristy@centsandsensibility.com Robyn@centsandsensibility.com

Sharon Almeida is a Registered Representative with VSR Financial Services, Inc., a FINRA Registered Broker-Dealer.  While VSR Financial Services, Inc. is registered to sell securities products in all 50 United States and the District of Columbia, Sharon Almeida is currently registered to sell securities products in AZ., CA., CO., GA., HI., MA., MN., NV., NM., TN.

Securities and advisory services offered through VSR Financial Services, Inc. a registered investment advisor and Member FINRA/SIPC.  Cents & Sensibility, Inc. and VSR Financial Services are not affiliated companies.