Planning Tool
Senior Care Cost Guide
Understand the costs of different care types and explore payment options to plan ahead.
Select a Care Type
Assisted Living
Community living with personal care support
$4,000 - $6,000/month
National average. Costs vary significantly by location.
Paying For Care
Payment Options
Long-Term Care Insurance
If purchased, covers most senior care types
VA Aid & Attendance
Up to $2,431/mo for qualifying veterans
Medicare
Covers skilled nursing (limited), not custodial care
Medicaid
Covers nursing homes and some home care (income-based)
Private Pay
Personal savings, retirement funds, home equity
Life Insurance Conversion
Some policies can be converted to care benefits
Need Help Understanding Costs?
Our advisors can provide detailed cost comparisons for communities in your area.