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Eldercare Cost Calculator

Compare multi-year eldercare cash costs for home care, assisted living, and nursing, plus the value of family caregiver hours.

Enter Your Values

Using shared profile · 3,500/mo · EURedit on Dashboard

Start from a realistic scenario
Care Options
Horizon
5 yrs
120
Family Time
10 hrs
060

Results update automatically as you change values.

Decision Engine
Understand
Enter only what matters
Calculate
Transparent formulas
Compare
Side-by-side options
Hidden Costs
What you might forget
Scenarios
Best, expected, worst
Decide
Clear recommendation
Decision Verdict
Home Care 5-Year
€168,000

Over 5 years: home €168000, assisted €210000, nursing €330000.

Home Care 5-Year
€168,000
Assisted Living 5-Year
€210,000
1 things you might be forgettingEstimate based on your inputs — not guaranteed financial advice.

Decision Engine

Confidence
85/ 100
Decision confidence
€168,000

Home Care 5-Year

Your action plan
  1. 1Pin down "Years" — it moves the result by up to €638,400, more than anything else.
  2. 2Budget for the 1 hidden cost before you commit.
  3. 3Sanity-check the worst case (€168,000) — can you live with it?
  4. 4Adjust the inputs to match your real numbers, then revisit the verdict.

Your Results

Home Care 5-Year
€168,000
Assisted Living 5-Year
€210,000
Nursing 5-Year
€330,000
Family Caregiver Time Value
€65,000
Home Care + Family Time
€233,000
Home care (cash)
€168,000
Decision Summary

Over 5 years: home €168000, assisted €210000, nursing €330000. Family time ~€65000. Lowest cash path: Home care.

What-If Scenarios

Results update instantly
2800
5008000
5 yrs
1 yrs20 yrs
10 hrs
0 hrs60 hrs

Cost Breakdown

Home care
€168,00021.7%
Family time value
€65,0008.4%
Assisted living
€210,00027.2%
Nursing
€330,00042.7%

5-Year Care Costs

€0€100K€200K€300K€400KHomeHome + fam…AssistedNursingHome: €168,000Home + family: €233,000Assisted: €210,000Nursing: €330,000

Click chart to expand

What You Might Be Forgetting

Hidden costs and factors that are easy to overlook but can significantly impact your decision.

Care intensity changes

Needs often escalate — model staged years separately for realism.

These estimates are for informational purposes only and do not constitute financial advice. Actual results may vary based on factors not captured in this calculator.

How This Calculator Works

What this calculator does

Estimates multi-year cash costs for home care, assisted living, and nursing, and adds the economic value of family caregiving hours on the home path.

How the calculation works

Each facility path is monthly × 12 × years. Family time = hours/week × 52 × hourly value × years. Home all-in adds family time to paid home care.

Formula

PathTotal = Monthly × 12 × Years
FamilyTime = Hours/Week × 52 × €/hr × Years
HomeAllIn = HomeTotal + FamilyTime

Example

€2,800 home vs €3,500 assisted vs €5,500 nursing over 5 years, plus 10 hrs/week family care at €25/hr — compare cash paths and home all-in.

How to Use This Calculator

  1. 1
    Enter your numbers

    Fill in the inputs for Eldercare Cost Calculator. Defaults are realistic starting points — replace them with your actual figures.

  2. 2
    Understand the calculation

    Each facility path is monthly × 12 × years. Family time = hours/week × 52 × hourly value × years. Home all-in adds family time to paid home care.

  3. 3
    Review results and scenarios

    Check metrics, cost breakdown, comparison tables, and best / expected / worst scenarios. Use sliders to stress-test assumptions.

  4. 4
    Decide with the verdict

    Read the decision engine recommendation and FAQ. Example: €2,800 home vs €3,500 assisted vs €5,500 nursing over 5 years, plus 10 hrs/week family care at €25/hr — compare cash paths and home all-in.

Factors to Consider

  • Care intensity often rises over time
  • Long-term care insurance limits
  • Caregiver burnout risk
  • Housing equity and state aid rules

Common Mistakes

  • Comparing sticker months only
  • Leaving family time unvalued
  • Planning only one year of need
  • Ignoring escalation toward nursing care

Frequently Asked Questions

Should I value family caregiving time?+

Yes for true economic cost — even unpaid hours have opportunity cost and burnout risk.

Which path is cheapest?+

Cash-wise the tool highlights the lowest facility total. Home all-in often looks different once family hours are priced.

Is this care advice?+

No — a financial and time-cost planner only. Clinical and legal planning need professionals.

This calculator provides estimates for informational purposes only and does not constitute financial, investment, tax, or legal advice. Always consult a qualified professional before making important financial decisions.