Long-term Care Calculator

Using this tool Assumptions

1 Select current age and gender for individual seeking care

2 Select up to three states to display average costs of long-term care

3 Click on details to display estimated costs for each state

4 Adjust the region and length of types of care in state detail window

5 Click Generate Report to enter your information and print out estimated cost of care details

No serious health changes.
Amounts for under age 65 assume 100% member responsibility for private health insurance premiums and other associated medical costs unless otherwise indicated.
Amounts for age 65 and older assume coverage by Medicare Part A and include insurance premiums for Medicare Parts B, D, and supplemental insurance, plus additional associated medical costs.
During retirement, individuals less than age 65 are responsible for paying 100% of health care expenses.
Health care costs and life expectancy are estimated based on the single most serious health condition provided

Please keep the following in mind:

These are estimated costs, they are hypothetical in nature, and are not guaranteed.
Your actual long-term care costs will likely vary (sometimes significantly) from the estimates in this report.
Medicare, and other retiree health plans typically will not cover the expense of long-term care.
Metro areas within the states are based on Metropolitan Statistical Areas (MSAs) as defined by the US Office of Management and Budget. Some MSAs extend across state boundaries.
The inflation rates assumed in this report are based on publicly available cost of care surveys from 2016 to 2023. The actual future costs of care will be different from historical cost of care. Assisted Living Facility costs are based on the costs per metro region. Nursing home rates are based on average daily rates multiplied by 365 days per year.

For a more comprehensive report on health care and long-term care costs in retirement, please complete the Health Care/LTC cost assessment with your financial professional.

This material should be regarded only as educational information. If you have questions regarding your particular situation, please contact your legal or tax advisors.

This material is not a recommendation to buy or sell a financial product or to adopt an investement strategy. Investors should discuss their specific situation with their financial professional.

Your insurance professional or company may contact you in response to your request for additional information.

The information contained herein was prepared to support the promotion, marketing, and/or sale of life insurance contracts and/or other products and services provided by Nationwide Life and Annuity Insurance Company and Nationwide Life Insurance Company, Columbus, Ohio.

Be sure to choose a product that meets long-term life insurance needs, especially if personal situations change — for example, marriage, birth of a child or job promotion. Weigh the costs of the policy, and understand that life insurance has fees and charges that vary with sex, health, age and tobacco use.

NFM-17461AO.2

The information collected on the Personalized Health Care Cost Assessment will be kept confidential and used to provide an estimate of a client’s potential health care costs in retirement. The estimate is based on a client’s specific financial situation and goals, as well as their current overall health condition. The client’s financial situation and health conditions may change over time and this may affect their future changes. Please keep in mind that the estimates resulting from this fact finder are for hypothetical purposes only and are not guaranteed. This material is not a recommendation to buy, sell, hold, or rollover any asset, adopt an investment strategy, retain a specific investment manager or use aparticular account type. It does not take into account the specific investment objectives, tax and financial condition or particular needs of any specific person.Investors should work with their financial professional to discuss their specific situation.

Long-term Care Calculator

A personalized estimate of retirement health care costs to help you plan for the future

Reach out to your financial advisor today