Project long-term care costs by setting and duration with inflation.
Care inflation compounds twice: before care begins and during it. At 4.5 per cent, costs roughly double every sixteen years, which is why the projection far exceeds today's price. Care needs typically escalate through settings rather than staying constant, so a projection based on one setting usually understates the total.
Long-Term Care Cost
Cost compounds at care inflation until care begins, then continues rising during care
This is a general illustration, not financial, tax or legal advice. Rules, thresholds and rates vary by jurisdiction and change frequently, and individual circumstances materially affect outcomes. Consult a qualified adviser before making any decision based on these figures.
Cost compounds at care inflation until care begins, then continues rising during care Care inflation compounds twice: before care begins and during it. At 4.5 per cent, costs roughly double every sixteen years, which is why the projection far exceeds today's price.
Care needs typically escalate through settings rather than staying constant, so a projection based on one setting usually understates the total.
This calculator takes 5 inputs: Care setting, Monthly cost today, Years until care is needed, Expected duration of care, Annual care cost inflation. The pre-filled defaults are a realistic starting point — replace them with figures from your own environment for a result you can act on.