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 room in a semi-private nursing home can be more than $70,000 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.
KJE Computer Solutions, LLC's information and interactive calculators are made
available to you as self-help tools for your independent use and are not
intended to provide investment 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. More