Your future long-term care needs total $713,503. You have available assets of $0. To self-insure you will need to save $44,640 per year increasing at 0.0%, or, you can set aside a lump sum of $345,125 today and let it accumulate interest until needed. Alternatively, you could consider purchasing a long-term care insurance policy to cover the potential future expenses. <div id="chart1Container">Chart will load here</div> <script type="text/javascript"> <!-- var myChart1 = new FusionCharts( "MSColumn2D", "myChart1Id", "100%", "100%", "0", "1" ); myChart1.setXMLData("<chart showValues='0' showFCMenuItem='0' decimals='0' formatNumberScale='0' caption='Long-Term Care Resources/Needs' xAxisName='Year' numberPrefix='$' bgColor='FFFFFF' showBorder='1' borderColor='FFFFFF' borderThickness='1' canvasBgColor='ffffff' showAlternateHGridColor='0' plotGradientColor='' numberSuffix='' thousandSeparator=',' decimalSeparator='.'><categories><category label='1' /><category label='' /><category label='3' /><category label='' /><category label='5' /><category label='' /><category label='7' /><category label='' /><category label='9' /><category label='' /><category label='11' /><category label='' /><category label='13' /><category label='' /><category label='15' /></categories><dataset seriesName='Available Capital'><set value='0.0' /><set value='47426.0' /><set value='97812.0' /><set value='151341.0' /><set value='208211.0' /><set value='268629.0' /><set value='332818.0' /><set value='401012.0' /><set value='473461.0' /><set value='550431.0' /><set value='632204.0' /><set value='528876.0' /><set value='414816.0' /><set value='289228.0' /><set value='151259.0' /></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='134392.0' /><set value='138423.0' /><set value='142576.0' /><set value='146853.0' /><set value='151259.0' /></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>$0</td><td>$44,640</td><td>$0</td><td>$44,640</td><td>$2,786</td><td>$47,426</td></tr><tr><td role="rowheader" scope="row">2</td><td>47,426</td><td>44,640</td><td>0</td><td>92,067</td><td>5,745</td><td>97,812</td></tr><tr><td role="rowheader" scope="row">3</td><td>97,812</td><td>44,640</td><td>0</td><td>142,452</td><td>8,889</td><td>151,341</td></tr><tr><td role="rowheader" scope="row">4</td><td>151,341</td><td>44,640</td><td>0</td><td>195,982</td><td>12,229</td><td>208,211</td></tr><tr><td role="rowheader" scope="row">5</td><td>208,211</td><td>44,640</td><td>0</td><td>252,851</td><td>15,778</td><td>268,629</td></tr><tr><td role="rowheader" scope="row">6</td><td>268,629</td><td>44,640</td><td>0</td><td>313,270</td><td>19,548</td><td>332,818</td></tr><tr><td role="rowheader" scope="row">7</td><td>332,818</td><td>44,640</td><td>0</td><td>377,458</td><td>23,553</td><td>401,012</td></tr><tr><td role="rowheader" scope="row">8</td><td>401,012</td><td>44,640</td><td>0</td><td>445,652</td><td>27,809</td><td>473,461</td></tr><tr><td role="rowheader" scope="row">9</td><td>473,461</td><td>44,640</td><td>0</td><td>518,101</td><td>32,330</td><td>550,431</td></tr><tr><td role="rowheader" scope="row">10</td><td>550,431</td><td>44,640</td><td>0</td><td>595,071</td><td>37,132</td><td>632,204</td></tr><tr><td role="rowheader" scope="row">11</td><td>632,204</td><td>0</td><td>134,392</td><td>497,812</td><td>31,063</td><td>528,876</td></tr><tr><td role="rowheader" scope="row">12</td><td>528,876</td><td>0</td><td>138,423</td><td>390,452</td><td>24,364</td><td>414,816</td></tr><tr><td role="rowheader" scope="row">13</td><td>414,816</td><td>0</td><td>142,576</td><td>272,240</td><td>16,988</td><td>289,228</td></tr><tr><td role="rowheader" scope="row">14</td><td>289,228</td><td>0</td><td>146,853</td><td>142,375</td><td>8,884</td><td>151,259</td></tr><tr><td role="rowheader" scope="row">15</td><td>151,259</td><td>0</td><td>151,259</td><td>-0</td><td>-0</td><td>-0</td></tr></table>