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: $858,508
Lump Sum Investment Needed Today: $341,233

 

Lump Sum Investment Today is $341,233
Age Year Investment Cost of Care
52
0
$341,233
$219,000
53
1
$352,664
$229,950
54
2
$364,479
$241,448
55
3
$376,689
$253,520
56
4
$389,308
$266,196
57
5
$402,349
$279,506
58
6
$415,828
$293,481
59
7
$429,758
$308,155
60
8
$444,155
$323,563
61
9
$459,035
$339,741
62
10
$474,412
$356,728
63
11
$490,305
$374,564
64
12
$506,730
$393,293
65
13
$523,706
$412,957
66
14
$541,250
$433,605
67
15
$559,382
$455,285
68
16
$578,121
$478,050
69
17
$597,488
$501,952
70
18
$617,504
$527,050
71
19
$638,190
$553,402
72
20
$659,570
$581,072
73
21
$681,665
$610,126
74
22
$704,501
$640,632
75
23
$728,102
$672,664
76
24
$752,493
$706,297
77
25
$777,702
$741,612
78
26
$803,755
$778,692
79
27
$830,680
$817,627
80
28
$858,508
$858,508