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Calculators


Do you have a question that involves number crunching? Use the calculators on this page to find the mathematical answer to the most commonly asked number-crunching questions, and see your inputs displayed next to the graph, chart, and/or table output in a side-by-side display.

Calculator: Print This Page
Long-Term Care Needs Calculator
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*The costs of long-term care vary widely. Your estimated costs may be higher or lower depending on where you live and the care you need. Refer to the U.S. Department of Health and Human Services site (www.longtermcare.gov) for estimates on the average cost of nursing home care for each state.

**How long you may need care depends on many factors including your age, health, gender, and where you live. You can get more information from the U.S. Department of Health and Human Services site (www.longtermcare.gov).

***The cost of long-term care is rising. While the annual increase in the cost of long-term care depends on many factors, for reference, most long-term care insurance policies offer simple or compound inflation protection options of between 1% and 5% per year.

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This calculator is designed to quickly estimate your potential future long-term care (LTC) costs, the future value of your current savings, and the gap between these two amounts--your unprotected LTC need. Simply enter an amount for each category listed, then click the calculate button for results.


Long-Term Care Needs Calculator Chart

Your total long-term care cost is $699,989. Your first year's long-term care cost is $131,846.*

The future value of your LTC savings fund in the year before your LTC expenses are incurred is $0. Your estimated unprotected LTC need is $699,989.



    Assumptions

  • *The estimated annual LTC cost reflects the first year only, not later years that are adjusted for inflation.
  • The calculation assumes earnings on savings are compounded monthly.
  • The future value of the current savings does not take into account the effect of federal or state income taxes.
  • This is a hypothetical example based on the input supplied and is not a guarantee of performance for any particular investment.
  • This long-term care needs calculator does not include every financial consideration or personal circumstance, and should be used only as a guide.
©2017 Broadridge Investor Communication Solutions, Inc. All rights reserved.
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Securities offered through International Assets Advisory, LLC – member FINRA/SIPC and Investment Advisory Services offered through International Assets Investment Management, LLC a SEC Registered Investment Advisor.  James E Bashaw & CO may only conduct business with residents of the states and/or jurisdictions for which they are properly registered. Therefore, a response to a request for information may be delayed. Please note that not all of the investments and services mentioned are available in every state. Investors outside of the United States are subject to securities and tax regulations within their applicable jurisdictions that are not addressed on this site. This site and the content herein are subject to certain Legal Notices.  Please see "Legal and Privacy"

The material provided in any research report distributed via this website, email, Instant Messaging or other electronic communication, is offered as a courtesy only and has been obtained from third party providers. International Assets Advisory, LLC ("IAA") has been advised by such providers that they believe such information to be reliable, but neither such providers nor IAA make any guarantee and hereby expressly disclaim any responsibilities for accuracy or completeness.  

The recipient of this information is particularly advised to review the disclaimer stated by the research provider in any such report.  International Assets Advisory, LLC, a registered U.S. broker-dealer, did not participate in the preparation of this research report and as such cannot and does not guarantee the adequacy, accuracy, or completeness of any such information, or the suitability or the profitably of any particular investment.  This publication does not consider the specific investment objectives of a specific person or entity.

*Calculator provided is a 3rd party tool and has not been tested or validated by International Assets Advisory, LLC.

 


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