Retirement Community Comparison Calculator

Total cost comparison across CCRC entry models.

Type A Entrance Fee ($)

Type A Monthly Fee ($)

Type B Entrance Fee ($)

Type B Monthly Fee ($)

Type B Care Cost Increase (%)

Type C Entrance Fee ($)

Type C Monthly Fee ($)

Market Care Rate ($/mo)

Expected Years of Stay

Years Needing Higher Care

Annual Fee Inflation (%)

Entrance Fee Refund (%)

Tab to move between fields

Type A Net Cost (Life Care)

$667,719.00

≈ 16 Teslas

Type B Net Cost (Modified)$593,466.00

Type C Net Cost (Fee-for-Service)$637,773.00

Type A Monthly Equivalent$5,564.00

Type B Monthly Equivalent$4,946.00

Type C Monthly Equivalent$5,315.00

Potential Savings (Best vs Worst)$74,253.00

Independent Years7

How to Use This Calculator

Enter Type A (Life Care) entrance fee ($) and monthly fee ($).
Enter Type B (Modified) entrance fee ($), monthly fee ($), and care cost increase (%).
Enter Type C (Fee-for-Service) equivalent costs and analysis period (years).
Review net cost, monthly equivalent cost, and NPV for each contract type.
Type A has the highest upfront cost but the lowest total cost if significant care is eventually needed.

How the result changes with Expected Years of Stay

Type A Entrance Fee ($): Life Care contract entrance fee. Typically $200k-$600k. Covers all future care levels.
Type A Monthly Fee ($): Life Care monthly fee. Stays relatively stable even if care needs increase.
Type B Entrance Fee ($): Modified contract entrance fee. Typically $100k-$400k.
Type B Monthly Fee ($): Modified contract monthly fee for independent living.
Type B Care Cost Increase (%): Percentage increase in monthly fee when higher care is needed.
Type C Entrance Fee ($): Fee-for-service entrance fee. Typically $0-$100k.
Type C Monthly Fee ($): Fee-for-service monthly fee for independent living.
Market Care Rate ($/mo): Market rate monthly cost for assisted living or nursing care.
Expected Years of Stay: Total years you expect to live in the community.
Years Needing Higher Care: Of total stay, how many years might require AL or nursing care.
Annual Fee Inflation (%): Expected annual increase in monthly fees (typically 3-5%).
Entrance Fee Refund (%): Percentage of entrance fee refundable to estate. Varies by contract.

Type A Net Cost (Life Care): Total net cost of the Life Care contract after refund.
Type B Net Cost (Modified): Total net cost of the Modified contract after refund.
Type C Net Cost (Fee-for-Service): Total net cost of the Fee-for-Service contract after refund.
Type A Monthly Equivalent: Type A total cost spread across all months of stay.
Type B Monthly Equivalent: Type B total cost spread across all months of stay.
Type C Monthly Equivalent: Type C total cost spread across all months of stay.
Potential Savings (Best vs Worst): Dollar difference between the most and least expensive contract type.

Identify Input Parameters
4 parameters
Type A Entrance Fee ($) = 350000, Type A Monthly Fee ($) = 3500, Type B Entrance Fee ($) = 200000, Type B Monthly Fee ($) = 3000 = 12 input(s) provided
Calculate Type A Net Cost
Type A Net Cost = typeATotalCost - typeARefund
667719 = $667,719
Calculate Type B Net Cost
Type B Net Cost = typeBTotalCost - typeBRefund
593466 = $593,466
Calculate Type C Net Cost
Type C Net Cost = typeCTotalCost - typeCRefund
637773 = $637,773