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: $1,717,017
Lump Sum Investment Needed Today: $682,466

 

Lump Sum Investment Today is $682,466
Age Year Investment Cost of Care
52
0
$682,466
$438,000
53
1
$705,329
$459,900
54
2
$728,957
$482,895
55
3
$753,377
$507,040
56
4
$778,615
$532,392
57
5
$804,699
$559,011
58
6
$831,656
$586,962
59
7
$859,517
$616,310
60
8
$888,311
$647,125
61
9
$918,069
$679,482
62
10
$948,824
$713,456
63
11
$980,610
$749,129
64
12
$1,013,460
$786,585
65
13
$1,047,411
$825,914
66
14
$1,082,500
$867,210
67
15
$1,118,763
$910,571
68
16
$1,156,242
$956,099
69
17
$1,194,976
$1,003,904
70
18
$1,235,008
$1,054,099
71
19
$1,276,380
$1,106,804
72
20
$1,319,139
$1,162,144
73
21
$1,363,330
$1,220,252
74
22
$1,409,002
$1,281,264
75
23
$1,456,204
$1,345,327
76
24
$1,504,986
$1,412,594
77
25
$1,555,403
$1,483,223
78
26
$1,607,509
$1,557,385
79
27
$1,661,361
$1,635,254
80
28
$1,717,017
$1,717,017