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July 30, 2001 BW Magazine Table of Contents

July 30, 2001 How to Retire Table of Contents

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JULY 30, 2001

SPECIAL REPORT -- HOW TO RETIRE
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The Cost of Care

On average, here's how much you would pay annually for $100 a day's worth
of coverage for nursing home, assisted living, or in-home care, with an
automatic inflation adjustment of 5%, compounded annually. A plan paying
$200 would cost roughly twice as much. Coverage doesn't start until 90 days after buying the policy.


AGE FOR THREE FOR SIX YEARS OF CARE YEARS OF CARE

45 $690/yr. $1,150/yr. 50 780 1,310 55 910 1,525 60 1,200 2,020 65 1,600 2,710 70 2,400 4,010



Data: Long-Term Care Quote






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