Your future long-term care needs total $810,970. You have available assets of $30,000. To self-insure you will need to save $10,400 per year increasing at 0.0%, or, you can set aside a lump sum of $138,084 today and let it accumulate interest until needed. Alternatively, you could consider purchasing a long-term care insurance policy to cover the potential future expenses. <div id="chart1Container">Chart will load here</div> <script type="text/javascript"> <!-- var myChart1 = new FusionCharts( "MSColumn2D", "myChart1Id", "100%", "100%", "0", "1" ); myChart1.setXMLData("<chart showValues='0' showFCMenuItem='0' decimals='0' formatNumberScale='0' caption='Long-Term Care Resources/Needs' xAxisName='Year' numberPrefix='$' bgColor='FFFFFF' showBorder='1' borderColor='FFFFFF' borderThickness='1' canvasBgColor='ffffff' showAlternateHGridColor='0' plotGradientColor='' numberSuffix='' thousandSeparator=',' decimalSeparator='.'><categories><category label='1' /><category label='' /><category label='' /><category label='4' /><category label='' /><category label='' /><category label='7' /><category label='' /><category label='' /><category label='10' /><category label='' /><category label='' /><category label='13' /><category label='' /><category label='' /><category label='16' /><category label='' /><category label='' /><category label='19' /><category label='' /><category label='' /><category label='22' /><category label='' /><category label='' /><category label='25' /><category label='' /><category label='' /><category label='28' /></categories><dataset seriesName='Available Capital'><set value='30000.0' /><set value='42921.0' /><set value='56649.0' /><set value='71234.0' /><set value='86728.0' /><set value='103189.0' /><set value='120678.0' /><set value='139257.0' /><set value='158997.0' /><set value='179967.0' /><set value='202247.0' /><set value='225917.0' /><set value='251063.0' /><set value='277779.0' /><set value='306162.0' /><set value='336316.0' /><set value='368351.0' /><set value='402386.0' /><set value='438544.0' /><set value='476959.0' /><set value='517771.0' /><set value='561129.0' /><set value='607193.0' /><set value='656131.0' /><set value='708123.0' /><set value='763359.0' /><set value='532248.0' /><set value='278352.0' /></dataset><dataset seriesName='LTC Need'><set value='0.0' /><set value='0.0' /><set value='0.0' /><set value='0.0' /><set value='0.0' /><set value='0.0' /><set value='0.0' /><set value='0.0' /><set value='0.0' /><set value='0.0' /><set value='0.0' /><set value='0.0' /><set value='0.0' /><set value='0.0' /><set value='0.0' /><set value='0.0' /><set value='0.0' /><set value='0.0' /><set value='0.0' /><set value='0.0' /><set value='0.0' /><set value='0.0' /><set value='0.0' /><set value='0.0' /><set value='0.0' /><set value='262373.0' /><set value='270245.0' /><set value='278352.0' /></dataset></chart>"); // --> </script> <table class='pure-table pure-table-bordered' role='grid'><tr><th scope="col">Year</th><th scope="col">Beginning Capital</th><th scope="col">Annual Savings</th><th scope="col">LTC Need</th><th scope="col">Net Captital</th><th scope="col">After-Tax Interest</th><th scope="col">Ending Capital</th></tr><tr><td role="rowheader" scope="row">1</td><td>$30,000</td><td>$10,400</td><td>$0</td><td>$40,400</td><td>$2,521</td><td>$42,921</td></tr><tr><td role="rowheader" scope="row">2</td><td>42,921</td><td>10,400</td><td>0</td><td>53,322</td><td>3,327</td><td>56,649</td></tr><tr><td role="rowheader" scope="row">3</td><td>56,649</td><td>10,400</td><td>0</td><td>67,050</td><td>4,184</td><td>71,234</td></tr><tr><td role="rowheader" scope="row">4</td><td>71,234</td><td>10,400</td><td>0</td><td>81,634</td><td>5,094</td><td>86,728</td></tr><tr><td role="rowheader" scope="row">5</td><td>86,728</td><td>10,400</td><td>0</td><td>97,128</td><td>6,061</td><td>103,189</td></tr><tr><td role="rowheader" scope="row">6</td><td>103,189</td><td>10,400</td><td>0</td><td>113,590</td><td>7,088</td><td>120,678</td></tr><tr><td role="rowheader" scope="row">7</td><td>120,678</td><td>10,400</td><td>0</td><td>131,078</td><td>8,179</td><td>139,257</td></tr><tr><td role="rowheader" scope="row">8</td><td>139,257</td><td>10,400</td><td>0</td><td>149,658</td><td>9,339</td><td>158,997</td></tr><tr><td role="rowheader" scope="row">9</td><td>158,997</td><td>10,400</td><td>0</td><td>169,397</td><td>10,570</td><td>179,967</td></tr><tr><td role="rowheader" scope="row">10</td><td>179,967</td><td>10,400</td><td>0</td><td>190,368</td><td>11,879</td><td>202,247</td></tr><tr><td role="rowheader" scope="row">11</td><td>202,247</td><td>10,400</td><td>0</td><td>212,647</td><td>13,269</td><td>225,917</td></tr><tr><td role="rowheader" scope="row">12</td><td>225,917</td><td>10,400</td><td>0</td><td>236,317</td><td>14,746</td><td>251,063</td></tr><tr><td role="rowheader" scope="row">13</td><td>251,063</td><td>10,400</td><td>0</td><td>261,464</td><td>16,315</td><td>277,779</td></tr><tr><td role="rowheader" scope="row">14</td><td>277,779</td><td>10,400</td><td>0</td><td>288,179</td><td>17,982</td><td>306,162</td></tr><tr><td role="rowheader" scope="row">15</td><td>306,162</td><td>10,400</td><td>0</td><td>316,562</td><td>19,753</td><td>336,316</td></tr><tr><td role="rowheader" scope="row">16</td><td>336,316</td><td>10,400</td><td>0</td><td>346,716</td><td>21,635</td><td>368,351</td></tr><tr><td role="rowheader" scope="row">17</td><td>368,351</td><td>10,400</td><td>0</td><td>378,752</td><td>23,634</td><td>402,386</td></tr><tr><td role="rowheader" scope="row">18</td><td>402,386</td><td>10,400</td><td>0</td><td>412,786</td><td>25,758</td><td>438,544</td></tr><tr><td role="rowheader" scope="row">19</td><td>438,544</td><td>10,400</td><td>0</td><td>448,945</td><td>28,014</td><td>476,959</td></tr><tr><td role="rowheader" scope="row">20</td><td>476,959</td><td>10,400</td><td>0</td><td>487,359</td><td>30,411</td><td>517,771</td></tr><tr><td role="rowheader" scope="row">21</td><td>517,771</td><td>10,400</td><td>0</td><td>528,171</td><td>32,958</td><td>561,129</td></tr><tr><td role="rowheader" scope="row">22</td><td>561,129</td><td>10,400</td><td>0</td><td>571,529</td><td>35,663</td><td>607,193</td></tr><tr><td role="rowheader" scope="row">23</td><td>607,193</td><td>10,400</td><td>0</td><td>617,593</td><td>38,538</td><td>656,131</td></tr><tr><td role="rowheader" scope="row">24</td><td>656,131</td><td>10,400</td><td>0</td><td>666,532</td><td>41,592</td><td>708,123</td></tr><tr><td role="rowheader" scope="row">25</td><td>708,123</td><td>10,400</td><td>0</td><td>718,524</td><td>44,836</td><td>763,359</td></tr><tr><td role="rowheader" scope="row">26</td><td>763,359</td><td>0</td><td>262,373</td><td>500,986</td><td>31,262</td><td>532,248</td></tr><tr><td role="rowheader" scope="row">27</td><td>532,248</td><td>0</td><td>270,245</td><td>262,003</td><td>16,349</td><td>278,352</td></tr><tr><td role="rowheader" scope="row">28</td><td>278,352</td><td>0</td><td>278,352</td><td>-0</td><td>-0</td><td>-0</td></tr></table>