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: $1,244,837
Lump Sum Investment Needed Today: $494,788

 

Lump Sum Investment Today is $494,788
Age Year Investment Cost of Care
52
0
$494,788
$317,550
53
1
$511,363
$333,428
54
2
$528,494
$350,099
55
3
$546,198
$367,604
56
4
$564,496
$385,984
57
5
$583,407
$405,283
58
6
$602,951
$425,547
59
7
$623,150
$446,825
60
8
$644,025
$469,166
61
9
$665,600
$492,624
62
10
$687,898
$517,255
63
11
$710,942
$543,118
64
12
$734,759
$570,274
65
13
$759,373
$598,788
66
14
$784,812
$628,727
67
15
$811,103
$660,164
68
16
$838,275
$693,172
69
17
$866,358
$727,830
70
18
$895,381
$764,222
71
19
$925,376
$802,433
72
20
$956,376
$842,555
73
21
$988,415
$884,682
74
22
$1,021,526
$928,917
75
23
$1,055,748
$975,362
76
24
$1,091,115
$1,024,130
77
25
$1,127,667
$1,075,337
78
26
$1,165,444
$1,129,104
79
27
$1,204,487
$1,185,559
80
28
$1,244,837
$1,244,837