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: $31,120,925
Lump Sum Investment Needed Today: $12,369,696

 

Lump Sum Investment Today is $12,369,696
Age Year Investment Cost of Care
52
0
$12,369,696
$7,938,750
53
1
$12,784,081
$8,335,688
54
2
$13,212,348
$8,752,472
55
3
$13,654,961
$9,190,095
56
4
$14,112,403
$9,649,600
57
5
$14,585,168
$10,132,080
58
6
$15,073,771
$10,638,684
59
7
$15,578,743
$11,170,618
60
8
$16,100,630
$11,729,149
61
9
$16,640,002
$12,315,607
62
10
$17,197,442
$12,931,387
63
11
$17,773,556
$13,577,957
64
12
$18,368,970
$14,256,854
65
13
$18,984,330
$14,969,697
66
14
$19,620,306
$15,718,182
67
15
$20,277,586
$16,504,091
68
16
$20,956,885
$17,329,296
69
17
$21,658,941
$18,195,760
70
18
$22,384,515
$19,105,548
71
19
$23,134,396
$20,060,826
72
20
$23,909,399
$21,063,867
73
21
$24,710,363
$22,117,061
74
22
$25,538,161
$23,222,914
75
23
$26,393,689
$24,384,059
76
24
$27,277,878
$25,603,262
77
25
$28,191,686
$26,883,425
78
26
$29,136,108
$28,227,597
79
27
$30,112,168
$29,638,976
80
28
$31,120,925
$31,120,925