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 you plan for 2026, your IRA can provide two tax-smart ways to support the organizations you care about:
• Make a QCD
A Qualified Charitable Distribution can satisfy your Required Minimum Distribution and isn’t included in taxable income.
• Leave a legacy
Naming a charity as a beneficiary of part of your IRA is a simple way to create long-term impact.
Both options can help you receive tax benefits today while planning for the future.
Learn more at bit.ly/3YhnpAE ... See MoreSee Less
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Today, we honor the life and legacy of Dr. Martin Luther King Jr. His vision of equality, justice, and service inspires us at Covenant Living. We are proud to be a part of a community committed to our mission which supports diverse ideas, perspectives and values and creates a place where people can belong.
Let’s carry his dream forward—together. ... See MoreSee Less
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Are the ongoing costs of homeownership holding you back from a truly worry-free retirement? 🤔
Many people are surprised to realize how affordable and valuable Covenant Living can be once they compare the expenses. We offer a variety of financial options with different fees, health care provisions, and even estate benefits.
Ready to see how the costs stack up? Consider the expenses of staying in your current home that disappear when you move to a senior living community:
✅ Home Ownership: Mortgage or rent, soaring property taxes, home insurance.
✅ Upkeep & Hidden Costs: Utilities, landscaping, unexpected repairs, and maintenance.
✅ Lifestyle: Groceries, security systems, gym memberships, and specialized caregiver services.
The most valuable return is your peace of mind. You'll know your assets and income are protected, even if future health care needs arise.
Take the first step toward clarity. Learn more about financial options and how we can support your transition: bit.ly/4i8QAyw ... See MoreSee Less
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