Cost of Care Survey 2019

Genworth cautions that every day until 2030, approximately 10,000 Baby Boomers will turn 65. Furthermore, current data models show that seven out of 10 people will require long-term care in their lifetime. The cost of that care varies based on care setting and level of care required, among other things. Using Genworth's Cost of Care Survey tool embedded in the linked article, households can calculate the cost of long-term care across the United States. Genworth has tracked the cost of care nationwide for the past 16 years to help families understand such costs. Since 2004, the Cost of Care Survey has become the foundation for many Americans' long term care planning. Not surprisingly, the cost of all types of care has steadily risen over the past 16 years — from home services to nursing care.