McKnight’s Senior Living January 25, 2026
A new tool is meant in part to help people figure out how much money they will need to have in the bank by age 65 to be able to pay for assisted living or another type of long-term care they might need in the future. If it’s successful, it could open up senior living as an option for more older adults.
The Milliman Long-Term Care Index, launched Thursday, also is a tool for providers and policymakers, according to the consulting and actuarial firm.
“With over 4.1 million Americans turning 65 each year through 2027, understanding the potential costs of long-term care is critical,” Chris Giese, a principal at Milliman and co-author of the LTC Index, said in a statement....
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