What Lump Sum Amount do I Need To Self-Insure?

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Calculated Data
Years to Care: 28
After Tax Rate of Return: 3.00%
Total Cost for Stay: $1,158,986
Lump Sum Investment Needed Today: $460,665

 

Lump Sum Investment Today is $460,665
Age Year Investment Cost of Care
52
0
$460,665
$295,650
53
1
$476,097
$310,433
54
2
$492,046
$325,954
55
3
$508,530
$342,252
56
4
$525,565
$359,364
57
5
$543,172
$377,333
58
6
$561,368
$396,199
59
7
$580,174
$416,009
60
8
$599,610
$436,810
61
9
$619,697
$458,650
62
10
$640,456
$481,583
63
11
$661,912
$505,662
64
12
$684,086
$530,945
65
13
$707,003
$557,492
66
14
$730,687
$585,367
67
15
$755,165
$614,635
68
16
$780,463
$645,367
69
17
$806,609
$677,635
70
18
$833,630
$711,517
71
19
$861,557
$747,093
72
20
$890,419
$784,447
73
21
$920,248
$823,670
74
22
$951,076
$864,853
75
23
$982,937
$908,096
76
24
$1,015,866
$953,501
77
25
$1,049,897
$1,001,176
78
26
$1,085,069
$1,051,235
79
27
$1,121,419
$1,103,796
80
28
$1,158,986
$1,158,986