Elder Care Budgeting Tool

Estimate long-term care costs, assess financial shortfalls, and calculate the sustainability of your elder care budget.

1 Monthly Care Expenses
Assisted living, nursing home, or memory care monthly fee.
$
Medications, co-pays, specialized equipment, physical therapy.
$
In-home aides, adult day care, transportation, meal delivery.
$
2 Monthly Income & Benefits
Total regular guaranteed monthly retirement distributions.
$
Monthly insurance payout or recurring government assistance.
$
3 Savings & Allocable Assets
Cash, savings, CDs, stocks, or retirement funds earmarked for care.
$
Expected year-over-year increase in medical and care costs.
%

Budget Analysis Summary

Total Monthly Expenses: $4,550
Total Monthly Income: $2,900
Monthly Shortfall: $1,650

Fund Sustainability Estimate

6.1 Years

Your savings can cover the monthly budget deficit for approximately 6.1 years before depletion, assuming expenses rise with inflation.

Projections (Years 1 to 5)

Year Monthly Costs Remaining Savings