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: $1,545,315
Lump Sum Investment Needed Today: $614,219

 

Lump Sum Investment Today is $614,219
Age Year Investment Cost of Care
52
0
$614,219
$394,200
53
1
$634,796
$413,910
54
2
$656,061
$434,606
55
3
$678,039
$456,336
56
4
$700,754
$479,153
57
5
$724,229
$503,110
58
6
$748,491
$528,266
59
7
$773,565
$554,679
60
8
$799,480
$582,413
61
9
$826,262
$611,534
62
10
$853,942
$642,110
63
11
$882,549
$674,216
64
12
$912,114
$707,927
65
13
$942,670
$743,323
66
14
$974,250
$780,489
67
15
$1,006,887
$819,513
68
16
$1,040,618
$860,489
69
17
$1,075,478
$903,514
70
18
$1,111,507
$948,689
71
19
$1,148,742
$996,124
72
20
$1,187,225
$1,045,930
73
21
$1,226,997
$1,098,226
74
22
$1,268,102
$1,153,138
75
23
$1,310,583
$1,210,795
76
24
$1,354,488
$1,271,334
77
25
$1,399,863
$1,334,901
78
26
$1,446,758
$1,401,646
79
27
$1,495,225
$1,471,728
80
28
$1,545,315
$1,545,315