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: $729,732
Lump Sum Investment Needed Today: $290,048

 

Lump Sum Investment Today is $290,048
Age Year Investment Cost of Care
52
0
$290,048
$186,150
53
1
$299,765
$195,458
54
2
$309,807
$205,230
55
3
$320,185
$215,492
56
4
$330,912
$226,266
57
5
$341,997
$237,580
58
6
$353,454
$249,459
59
7
$365,295
$261,932
60
8
$377,532
$275,028
61
9
$390,179
$288,780
62
10
$403,250
$303,219
63
11
$416,759
$318,380
64
12
$430,721
$334,299
65
13
$445,150
$351,014
66
14
$460,062
$368,564
67
15
$475,474
$386,992
68
16
$491,403
$406,342
69
17
$507,865
$426,659
70
18
$524,878
$447,992
71
19
$542,462
$470,392
72
20
$560,634
$493,911
73
21
$579,415
$518,607
74
22
$598,826
$544,537
75
23
$618,887
$571,764
76
24
$639,619
$600,352
77
25
$661,046
$630,370
78
26
$683,191
$661,888
79
27
$706,078
$694,983
80
28
$729,732
$729,732