Cost of Care Calculator
What does care cost today?
The latest facts from an authoritative third party.
Each year, Genworth Financial, Inc. conducts an independent survey of average health care costs across the country. This calculator is based on their most recent findings and can give you a basis for planning.
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Please note: Research shows that about 70 percent of people age 65 or older will need long-term care services at some point in their lifetime. And while most people think of long-term care as impacting only those in senior years, 40 percent of people currently receiving long term care services are ages 18 to 64.
The Genworth 2019 Cost of Care Survey can help families evaluate options to address the increasing cost of long term care. Genworth has surveyed the cost of long term care across the U.S. to help Americans appropriately plan for the potential cost of this type of care in their preferred location and setting. The most comprehensive study of its kind, Genworth’s 2019 Cost of Care Survey, conducted by CareScout®, covers nearly 15,000 long term care providers in 440 regions nationwide.
As the holidays bring families together, you may notice changes in your loved ones that raise questions about their future care. Starting a conversation about assisted living can be emotional, but it’s important to approach it with care and understanding.
At Covenant Living, we encourage families to talk openly about the benefits of assisted living, especially when it comes to relieving the stress of home maintenance, ensuring access to care, and allowing loved ones to enjoy the activities they love.
Having this conversation now can help everyone feel more at ease, knowing the right support is available when it’s needed.
Click the link to learn more about how to start this important conversation: bit.ly/3BmztZg. ... See MoreSee Less
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This Veterans Day, we extend our deepest gratitude to all veterans who have served with honor and distinction, including those that reside at our Covenant Living communities across the country.
To all the veterans in our Covenant Living community and beyond – thank you for your service. 🇺🇸 ... See MoreSee Less
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Wondering if you can afford senior living? 🤔 Covenant Living offers a variety of financial options with different fees, health care provisions, and even estate benefits. If you’re unsure, consider comparing the costs of staying in your current home with the benefits of a senior living community:
✅ Home ownership: mortgage or rent, property taxes, insurance
✅ Upkeep: utilities, landscaping, repairs, maintenance
✅ Lifestyle: groceries, entertainment, travel, and more
✅ Wellness: gym memberships, caregiver services, and security
You’ll also have peace of mind knowing your assets and income are protected, even if future health care needs arise.
Learn more about financial options and how we can support your transition: bit.ly/3KsqpmQ. ... See MoreSee Less
Is it the right time for senior living?
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Learn more about senior living and find out which options are the best fit for you or your family with this 4-5 minute assessment, in partnership with Roobrik.Comment on Facebook