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: $1,588,240
Lump Sum Investment Needed Today: $631,281

 

Lump Sum Investment Today is $631,281
Age Year Investment Cost of Care
52
0
$631,281
$405,150
53
1
$652,429
$425,408
54
2
$674,285
$446,678
55
3
$696,874
$469,012
56
4
$720,219
$492,462
57
5
$744,347
$517,085
58
6
$769,282
$542,940
59
7
$795,053
$570,087
60
8
$821,687
$598,591
61
9
$849,214
$628,521
62
10
$877,663
$659,947
63
11
$907,064
$692,944
64
12
$937,451
$727,591
65
13
$968,855
$763,971
66
14
$1,001,312
$802,169
67
15
$1,034,856
$842,278
68
16
$1,069,524
$884,392
69
17
$1,105,353
$928,611
70
18
$1,142,382
$975,042
71
19
$1,180,652
$1,023,794
72
20
$1,220,204
$1,074,984
73
21
$1,261,081
$1,128,733
74
22
$1,303,327
$1,185,169
75
23
$1,346,988
$1,244,428
76
24
$1,392,112
$1,306,649
77
25
$1,438,748
$1,371,982
78
26
$1,486,946
$1,440,581
79
27
$1,536,759
$1,512,610
80
28
$1,588,240
$1,588,240