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: $944,359
Lump Sum Investment Needed Today: $375,356

 

Lump Sum Investment Today is $375,356
Age Year Investment Cost of Care
52
0
$375,356
$240,900
53
1
$387,931
$252,945
54
2
$400,926
$265,592
55
3
$414,357
$278,872
56
4
$428,238
$292,815
57
5
$442,584
$307,456
58
6
$457,411
$322,829
59
7
$472,734
$338,970
60
8
$488,571
$355,919
61
9
$504,938
$373,715
62
10
$521,853
$392,401
63
11
$539,335
$412,021
64
12
$557,403
$432,622
65
13
$576,076
$454,253
66
14
$595,375
$476,966
67
15
$615,320
$500,814
68
16
$635,933
$525,854
69
17
$657,237
$552,147
70
18
$679,254
$579,755
71
19
$702,009
$608,742
72
20
$725,527
$639,179
73
21
$749,832
$671,138
74
22
$774,951
$704,695
75
23
$800,912
$739,930
76
24
$827,742
$776,927
77
25
$855,472
$815,773
78
26
$884,130
$856,562
79
27
$913,749
$899,390
80
28
$944,359
$944,359