Calculate the Cost of a Retirement Community
To measure is to know: Try our handy Cost of Care Calculator.
What does care cost today? You should have an idea so that you can make wise, well-informed financial decisions about the future, and know a good value when you see one.
Each year, Genworth Financial, Inc., an S&P 400 insurance company, 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.
However, these costs don’t represent the cost of care at Westminster Canterbury Richmond—which can offer a substantial savings over prevailing market rates, especially with Life Care.
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.