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: $1,459,464
Lump Sum Investment Needed Today: $580,096

 

Lump Sum Investment Today is $580,096
Age Year Investment Cost of Care
52
0
$580,096
$372,300
53
1
$599,529
$390,915
54
2
$619,614
$410,461
55
3
$640,371
$430,984
56
4
$661,823
$452,533
57
5
$683,994
$475,160
58
6
$706,908
$498,918
59
7
$730,589
$523,863
60
8
$755,064
$550,057
61
9
$780,359
$577,559
62
10
$806,501
$606,437
63
11
$833,518
$636,759
64
12
$861,441
$668,597
65
13
$890,300
$702,027
66
14
$920,125
$737,129
67
15
$950,949
$773,985
68
16
$982,806
$812,684
69
17
$1,015,730
$853,318
70
18
$1,049,757
$895,984
71
19
$1,084,923
$940,784
72
20
$1,121,268
$987,823
73
21
$1,158,831
$1,037,214
74
22
$1,197,652
$1,089,075
75
23
$1,237,773
$1,143,528
76
24
$1,279,238
$1,200,705
77
25
$1,322,093
$1,260,740
78
26
$1,366,383
$1,323,777
79
27
$1,412,157
$1,389,966
80
28
$1,459,464
$1,459,464