What Lump Sum Amount do I Need To Self-Insure?

Change Profile

Calculated Data
Years to Care: 28
After Tax Rate of Return: 3.00%
Total Cost for Stay: $987,285
Lump Sum Investment Needed Today: $392,418

 

Lump Sum Investment Today is $392,418
Age Year Investment Cost of Care
52
0
$392,418
$251,850
53
1
$405,564
$264,443
54
2
$419,150
$277,665
55
3
$433,192
$291,548
56
4
$447,704
$306,125
57
5
$462,702
$321,432
58
6
$478,202
$337,503
59
7
$494,222
$354,378
60
8
$510,779
$372,097
61
9
$527,890
$390,702
62
10
$545,574
$410,237
63
11
$563,851
$430,749
64
12
$582,740
$452,286
65
13
$602,262
$474,901
66
14
$622,437
$498,646
67
15
$643,289
$523,578
68
16
$664,839
$549,757
69
17
$687,111
$577,245
70
18
$710,129
$606,107
71
19
$733,919
$636,412
72
20
$758,505
$668,233
73
21
$783,915
$701,645
74
22
$810,176
$736,727
75
23
$837,317
$773,563
76
24
$865,367
$812,241
77
25
$894,357
$852,853
78
26
$924,318
$895,496
79
27
$955,283
$940,271
80
28
$987,285
$987,285