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?

%

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 $209 according to the 2009 Field Guide, Nation 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 $250.)

$
 
   
   
National Planning
226 North Broad St., Suite A • Mankato, MN • 56001
Phone: 507-625-1778
Toll Free: 800-669-8101		 • Fax: 507-625-1779
Click Here to Email Us
www.efs-net.com

All information herein has been prepared solely for informational purposes, and it is not an offer to buy or sell, or a solicitation of an offer to buy or sell any security or instrument or to participate in any particular trading strategy.
 
EFS Financial Resources, LLC is a Registered Investment Adviser.  Investment Adviser Representatives of EFS Financial Resources, LLC may transact advisory business in a particular state only if first registered, excluded or exempted from investment Adviser Representative requirements.  In addition, follow-up conversations or meetings with individuals in a particular state that involve either the effecting or attempting to effect transactions in the rendering of personalized investment advice for compensation, will not be made absent compliance with state Investment Adviser Representative registration requirements, or an applicable exemption or exclusion.  Securities licensed associates of EFS Financial Resources, LLC, are Registered Representatives offering securities through NATIONAL PLANNING CORP. (NPC), NPC of America in FL & NY, Member FINRA/SIPC.  EFS Financial Resources, LLC and NPC are separate and unrelated companies.

 When you link to any of the web sites provided herewith, you are leaving this site.  EFS and NPC make no representations as to the completeness or accuracy of the information provided at these sites.  Nor are the companies liable for any direct or indirect technical or system issues or any consequences arising out of your access to or your use of third party technology, sites, information and programs made available through this site.  By clicking on the link you will leave our website and assume total responsibility and risk for your use of the site.


NPC Privacy Policy