Long-Term Care Needs
Long-term care, at home or in a facility, can be one of the biggest costs later in life, and prices tend to rise faster than general inflation. Pick a type of care or enter your own cost, then see what it could cost when care begins and how much of it your savings might cover.
About these numbers
Grows today’s annual cost by the inflation rate until care begins and for each year of care after that, with each year’s cost paid at the start of the year. Savings grow at the rate you enter and are drawn first. Oregon presets are 2025 median costs from the CareScout Cost of Care Survey; actual costs vary by provider, location, and level of care. Taxes, insurance benefits, and public programs such as Medicaid are not included. This is an estimate of the need to discuss, not a recommendation of any insurance product.
This calculator is a hypothetical illustration for educational purposes only. Results are based on the assumptions you enter and the method described above, may vary with each use and over time, do not reflect any specific investment or the deduction of fees or taxes unless stated, and are not a guarantee of future results. The tool does not consider every investment, account type, or strategy that may be available to you. It is not investment, tax, or legal advice. Investing involves risk, including possible loss of principal. 4:8 Financial does not provide tax or legal advice; please consult your CPA or attorney regarding your specific situation.
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