This chart shows the cost of waiting
5 years from now to purchase Long-Term Care Insurance
| 52 | $200.00 | $1,830.00 | Uninsured |
| 53 | $210.00 | $1,830.00 | Uninsured |
| 54 | $220.50 | $1,830.00 | Uninsured |
| 55 | $231.53 | $1,830.00 | Uninsured |
| 56 | $243.10 | $1,830.00 | Uninsured |
| 57 | $255.26 | $1,830.00 | $2,682.00 |
| 58 | $268.02 | $1,830.00 | $2,682.00 |
| 59 | $281.42 | $1,830.00 | $2,682.00 |
| 60 | $295.49 | $1,830.00 | $2,682.00 |
| 61 | $310.27 | $1,830.00 | $2,682.00 |
| 62 | $325.78 | $1,830.00 | $2,682.00 |
| 63 | $342.07 | $1,830.00 | $2,682.00 |
| 64 | $359.17 | $1,830.00 | $2,682.00 |
| 65 | $377.13 | $1,830.00 | $2,682.00 |
| 66 | $395.99 | $1,830.00 | $2,682.00 |
| 67 | $415.79 | $1,830.00 | $2,682.00 |
| 68 | $436.57 | $1,830.00 | $2,682.00 |
| 69 | $458.40 | $1,830.00 | $2,682.00 |
| 70 | $481.32 | $1,830.00 | $2,682.00 |
| 71 | $505.39 | $1,830.00 | $2,682.00 |
| 72 | $530.66 | $1,830.00 | $2,682.00 |
| 73 | $557.19 | $1,830.00 | $2,682.00 |
| 74 | $585.05 | $1,830.00 | $2,682.00 |
| 75 | $614.30 | $1,830.00 | $2,682.00 |
| 76 | $645.02 | $1,830.00 | $2,682.00 |
| 77 | $677.27 | $1,830.00 | $2,682.00 |
| 78 | $711.13 | $1,830.00 | $2,682.00 |
| 79 | $746.69 | $1,830.00 | $2,682.00 |
| 80 | $784.03 | $1,830.00 | $2,682.00 |
| 81 | $823.23 | $1,830.00 | $2,682.00 |
| 82 | $864.39 | $1,830.00 | $2,682.00 |
| 83 | $907.61 | $1,830.00 | $2,682.00 |
| 84 | $952.99 | $1,830.00 | $2,682.00 |
| 85 | $1,000.64 | $1,830.00 | $2,682.00 |
If you wait until age 57, it will cost you an additional
$15,558.00 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 $5,904.24 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.