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: $1,373,613
Lump Sum Investment Needed Today: $545,973

 

Lump Sum Investment Today is $545,973
Age Year Investment Cost of Care
52
0
$545,973
$350,400
53
1
$564,263
$367,920
54
2
$583,166
$386,316
55
3
$602,702
$405,632
56
4
$622,892
$425,913
57
5
$643,759
$447,209
58
6
$665,325
$469,570
59
7
$687,613
$493,048
60
8
$710,649
$517,700
61
9
$734,455
$543,585
62
10
$759,059
$570,765
63
11
$784,488
$599,303
64
12
$810,768
$629,268
65
13
$837,929
$660,731
66
14
$866,000
$693,768
67
15
$895,011
$728,456
68
16
$924,994
$764,879
69
17
$955,981
$803,123
70
18
$988,006
$843,279
71
19
$1,021,104
$885,443
72
20
$1,055,311
$929,716
73
21
$1,090,664
$976,201
74
22
$1,127,202
$1,025,011
75
23
$1,164,963
$1,076,262
76
24
$1,203,989
$1,130,075
77
25
$1,244,323
$1,186,579
78
26
$1,286,008
$1,245,908
79
27
$1,329,089
$1,308,203
80
28
$1,373,613
$1,373,613