How much does long-term care cost in Scottsdale?

In Scottsdale, AZ (COL index: 125), a private nursing home room costs $135,000/year, assisted living costs $80,250/year, and in-home care costs $77,220/year. The average LTC need is 2.5 years — a nursing home stay totals $337,500 at Scottsdale rates.

What is the best way to fund long-term care in Scottsdale?

Scottsdale residents have four main LTC funding options: (1) Self-insure with a dedicated portfolio ($337,500 for 2.5 years at nursing-home rates); (2) Traditional LTC insurance (premiums typically $2,500-$5,000/year); (3) Hybrid life/LTC policies that return premiums if unused; (4) Medicaid, which requires spending down most assets. Most HNW investors in Scottsdale use a hybrid policy or self-insurance strategy.

Not Financial Advice. CalcMoney provides calculators for educational and planning purposes only. Results are estimates and do not constitute financial, tax, or investment advice. Consult a qualified professional before making financial decisions. Terms apply.