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: $1,116,061
Lump Sum Investment Needed Today: $443,603

 

Lump Sum Investment Today is $443,603
Age Year Investment Cost of Care
52
0
$443,603
$284,700
53
1
$458,464
$298,935
54
2
$473,822
$313,882
55
3
$489,695
$329,576
56
4
$506,100
$346,055
57
5
$523,054
$363,357
58
6
$540,577
$381,525
59
7
$558,686
$400,601
60
8
$577,402
$420,632
61
9
$596,745
$441,663
62
10
$616,736
$463,746
63
11
$637,396
$486,934
64
12
$658,749
$511,280
65
13
$680,817
$536,844
66
14
$703,625
$563,687
67
15
$727,196
$591,871
68
16
$751,557
$621,464
69
17
$776,734
$652,538
70
18
$802,755
$685,164
71
19
$829,647
$719,423
72
20
$857,441
$755,394
73
21
$886,165
$793,164
74
22
$915,851
$832,822
75
23
$946,532
$874,463
76
24
$978,241
$918,186
77
25
$1,011,012
$964,095
78
26
$1,044,881
$1,012,300
79
27
$1,079,885
$1,062,915
80
28
$1,116,061
$1,116,061