Genevity: The Long Term Care Calculator

How much will your long-term care costs be and how can you prepare yourself today for increasing health care costs? Getting your Genivity report is a big step in the right direction.

It’s no secret that health care costs are on the rise – and this is a trend we expect to continue for the foreseeable future. According to the Centers for Medicare and Medicaid Services, health care costs are expected to increase 5.6% each year through 20251.

What does this mean for a comprehensive financial plan? How much will your long-term care costs be and how can you prepare yourself today for increasing health care costs?

It’s with these questions in mind that we provide Genivity, free of charge, to investors in the Detroit area.

We can’t predict the future, but Genivity can give us a better idea of what an average person of your age, gender, lifestyle, and family health history might need to save for health care. This data can help you better prepare for retirement and help ensure your nest egg lasts as long as you do.

It only takes five minutes, and you can get your report instantly.

Have questions about your report? Contact your local Telemus advisor with questions, comments, or for help developing a holistic financial plan which takes your healthcare costs into consideration.

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1CMS.Gov. 2016-2025 Projects of National Health Expenditures