Return to the Household Finances Forum | Post a Follow-Up

 o
LTC calculator

Posted by jkom51 (My Page) on
Thu, May 26, 11 at 19:23

There have been quite a few previous discussions on whether to buy LTC insurance or not, so I don't think we need another one as it's already all been said.

However, I ran across this new calculator on the recently revamped MSN Money site, and it seems to me this might be useful for those who prefer to self-insure (e.g., not buy LTC insurance). It allows you to set some very basic parameters and play around with them to see whether you are saving adequate funds for self-insured LTC.

On the last field, when I did this I entered a 5% percentage. This is the standard compounded inflation protection option on LTC policies. IOW, my current daily LTC insurance benefit is $227/daily, and will go up 5% every January.

Here is a link that might be useful: LTC Calculator on MSN Money's website


Follow-Up Postings:

 o Post a Follow-Up

Please Note: Only registered members are able to post messages to this forum.

    If you are a member, please log in.

    If you aren't yet a member, join now!


Return to the Household Finances Forum

Information about Posting

  • You must be logged in to post a message. Once you are logged in, a posting window will appear at the bottom of the messages. If you are not a member, please register for an account.
  • Posting is a two-step process. Once you have composed your message, you will be taken to the preview page. You will then have a chance to review your post, make changes and upload photos.
  • After posting your message, you may need to refresh the forum page in order to see it.
  • Before posting copyrighted material, please read about Copyright and Fair Use.
  • We have a strict no-advertising policy!
  • If you would like to practice posting or uploading photos, please visit our Test forum.
  • If you need assistance, please Contact Us and we will be happy to help.


Learn more about in-text links on this page here