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: $1,888,718
Lump Sum Investment Needed Today: $750,713

 

Lump Sum Investment Today is $750,713
Age Year Investment Cost of Care
52
0
$750,713
$481,800
53
1
$775,861
$505,890
54
2
$801,853
$531,185
55
3
$828,715
$557,744
56
4
$856,477
$585,631
57
5
$885,169
$614,912
58
6
$914,822
$645,658
59
7
$945,469
$677,941
60
8
$977,142
$711,838
61
9
$1,009,876
$747,430
62
10
$1,043,707
$784,801
63
11
$1,078,671
$824,042
64
12
$1,114,806
$865,244
65
13
$1,152,152
$908,506
66
14
$1,190,750
$953,931
67
15
$1,230,640
$1,001,628
68
16
$1,271,866
$1,051,709
69
17
$1,314,474
$1,104,294
70
18
$1,358,508
$1,159,509
71
19
$1,404,019
$1,217,485
72
20
$1,451,053
$1,278,359
73
21
$1,499,663
$1,342,277
74
22
$1,549,902
$1,409,391
75
23
$1,601,824
$1,479,860
76
24
$1,655,485
$1,553,853
77
25
$1,710,944
$1,631,546
78
26
$1,768,260
$1,713,123
79
27
$1,827,497
$1,798,779
80
28
$1,888,718
$1,888,718