WaterlilyChecked by Vetteroo review

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What it is

AI long-term-care planning tool for families and financial advisors

Best for

Families planning for long-term care costs

Price

Free assessment; $9.99/year plan

Prices checked

October 31, 2026

We researched Waterlily's official pricing, terms, product pages, help pages and outside reviews. We haven't used Waterlily ourselves, so this is a research-based review, not a hands-on test.

Who it’s best for

• Adults planning for a parent's or their own future care.
• Families who want an estimate of care needs and costs.
• Financial advisors who discuss long-term care with clients.

Who should skip it

• Probably not the best fit for anyone who needs a licensed insurance agent or care manager right now.

How it works day to day

This part draws on Waterlily’s own product pages, help center and documentation, read October 31, 2026 (listed under Sources). We haven’t used Waterlily ourselves.

Answer the free assessment, review the predicted care needs and costs, then build a plan to share with family or your advisor.

Key features in use

• Care-needs assessment
• Care-cost projections
• Shareable care plan
• Advisor dashboard
• Client reports

Setup and learning curve

Minutes; online.

Integrations

None.

Support

Email (hello@joinwaterlily.com) and phone.

Real-world use cases

• Planning for aging parents
• Retirement planning
• Advisor client meetings
• Family care conversations

What it costs

Prices checked October 31, 2026, from Waterlily’s own pricing page unless noted. Prices change often, so check the official page before you buy.

• Families: the assessment and results are free; building and sharing a care plan costs $9.99 a year (checked October 30, 2026).
• Advisors: 14-day free trial, then $59 per seat a month, or $47 a month billed yearly; cancel anytime, with a money-back guarantee, per its advisor page.

What we like

• Free assessment and results.
• Low $9.99 yearly plan for families.
• Says it is HIPAA compliant and SOC 2.
• Backed by Genworth, Nationwide and Edward Jones Ventures.

What to watch for

• Few independent outside reviews.
• Results are estimates, not quotes.
• Advisor seats cost $47 to $59 a month.
• Not a substitute for an insurance or financial professional.

The fine print

• Its care and cost results are estimates; check any insurance or savings decision with a licensed professional.
• Its CEO says it is not paid for leads and does not recommend specific insurance products.
• Legitimacy signals we found: it raised a $7 million seed round in January 2025 led by Brewer Lane Ventures, with Genworth, Nationwide and Edward Jones Ventures (covered by TechCrunch and Fierce Healthcare); founder Lily Vittayarukskul was named to Forbes 30 Under 30 for 2026; it lists a San Francisco address and phone number.

The main alternative: Trust & Will Checked by Vetteroo

Trust & Will is an online estate-planning service for wills and trusts, not long-term-care planning.

What it costs: Will from $199; Trust from $499, checked October 28, 2026

Read our full Trust & Will review

Pick Waterlily if you…

• want a free long-term-care estimate.
• want a plan to share with family.
• are an advisor serving older clients.

Pick Trust & Will if you…

• need a will or trust.
• want estate documents.
• do not need care-cost planning.

Our take

Waterlily is a well-funded, low-cost way to estimate future long-term-care needs and costs; independent reviews are still few and its numbers are estimates, so confirm big decisions with a professional.

Side by side

From our company records. Check the official pages for current prices.

What we checked

• Waterlily's pricing, product pages and terms, read October 31, 2026
• Trustpilot, searched October 31, 2026 (no usable score for Waterlily)
• Trust & Will's details: from our published review and its official pages, October 31, 2026
• The other official and outside pages listed under Sources (links checked October 31, 2026)

Sources

• Waterlily (official site)
• Waterlily for advisors
• Waterlily seed funding (PR Newswire)
• Waterlily coverage (TechCrunch)
• Waterlily coverage (Fierce Healthcare)

How we review

We read the company's own terms, test the sign-up or booking steps where we can, and compare it with alternatives. A commission never changes what we write. Read our disclosure.