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: $1,631,166
Lump Sum Investment Needed Today: $648,343

 

Lump Sum Investment Today is $648,343
Age Year Investment Cost of Care
52
0
$648,343
$416,100
53
1
$670,062
$436,905
54
2
$692,509
$458,750
55
3
$715,708
$481,688
56
4
$739,685
$505,772
57
5
$764,464
$531,061
58
6
$790,074
$557,614
59
7
$816,541
$585,494
60
8
$843,895
$614,769
61
9
$872,166
$645,508
62
10
$901,383
$677,783
63
11
$931,579
$711,672
64
12
$962,787
$747,256
65
13
$995,041
$784,619
66
14
$1,028,375
$823,850
67
15
$1,062,825
$865,042
68
16
$1,098,430
$908,294
69
17
$1,135,227
$953,709
70
18
$1,173,257
$1,001,394
71
19
$1,212,561
$1,051,464
72
20
$1,253,182
$1,104,037
73
21
$1,295,164
$1,159,239
74
22
$1,338,552
$1,217,201
75
23
$1,383,393
$1,278,061
76
24
$1,429,737
$1,341,964
77
25
$1,477,633
$1,409,062
78
26
$1,527,134
$1,479,515
79
27
$1,578,293
$1,553,491
80
28
$1,631,166
$1,631,166