This chart shows the cost of waiting
5 years from now to purchase Long-Term Care Insurance
52 | $210.00 | $1,922.00 | Uninsured |
53 | $220.50 | $1,922.00 | Uninsured |
54 | $231.53 | $1,922.00 | Uninsured |
55 | $243.10 | $1,922.00 | Uninsured |
56 | $255.26 | $1,922.00 | Uninsured |
57 | $268.02 | $1,922.00 | $2,819.00 |
58 | $281.42 | $1,922.00 | $2,819.00 |
59 | $295.49 | $1,922.00 | $2,819.00 |
60 | $310.27 | $1,922.00 | $2,819.00 |
61 | $325.78 | $1,922.00 | $2,819.00 |
62 | $342.07 | $1,922.00 | $2,819.00 |
63 | $359.17 | $1,922.00 | $2,819.00 |
64 | $377.13 | $1,922.00 | $2,819.00 |
65 | $395.99 | $1,922.00 | $2,819.00 |
66 | $415.79 | $1,922.00 | $2,819.00 |
67 | $436.57 | $1,922.00 | $2,819.00 |
68 | $458.40 | $1,922.00 | $2,819.00 |
69 | $481.32 | $1,922.00 | $2,819.00 |
70 | $505.39 | $1,922.00 | $2,819.00 |
71 | $530.66 | $1,922.00 | $2,819.00 |
72 | $557.19 | $1,922.00 | $2,819.00 |
73 | $585.05 | $1,922.00 | $2,819.00 |
74 | $614.30 | $1,922.00 | $2,819.00 |
75 | $645.02 | $1,922.00 | $2,819.00 |
76 | $677.27 | $1,922.00 | $2,819.00 |
77 | $711.13 | $1,922.00 | $2,819.00 |
78 | $746.69 | $1,922.00 | $2,819.00 |
79 | $784.03 | $1,922.00 | $2,819.00 |
80 | $823.23 | $1,922.00 | $2,819.00 |
81 | $864.39 | $1,922.00 | $2,819.00 |
82 | $907.61 | $1,922.00 | $2,819.00 |
83 | $952.99 | $1,922.00 | $2,819.00 |
84 | $1,000.64 | $1,922.00 | $2,819.00 |
85 | $1,050.67 | $1,922.00 | $2,819.00 |
If you wait until age 57, it will cost you an additional
$16,403.00 in Premium.
Even if you saved the first 5 years of premiums at 4% interest and a
33% Tax Bracket, it would still cost you an additional $6,263.91 and you were uninsured for 5 years.
Most Importantly, if an unexpected Health condition arises, you might not be able to qualify for the protection if you wait.