Your future long-term care needs total $1,078,062. You have available assets of $0. To self-insure you will need to save $117,368 per year increasing at 0.0%, or, you can set aside a lump sum of $521,834 today and let it accumulate interest until needed. Alternatively, you could consider purchasing a long-term care insurance policy to cover the potential future expenses. <div id="chart1Container">Chart will load here</div> <script type="text/javascript"> <!-- var myChart1 = new FusionCharts( "MSColumn2D", "myChart1Id", "100%", "100%", "0", "1" ); myChart1.setXMLData("<chart showValues='0' showFCMenuItem='0' decimals='0' formatNumberScale='0' caption='Long-Term Care Resources/Needs' xAxisName='Year' numberPrefix='$' 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' /><category label='' /><category label='17' /><category label='' /><category label='19' /><category label='' /></categories><dataset seriesName='Available Capital' color='33A3C1'><set value='0.0' /><set value='124691.0' /><set value='257164.0' /><set value='397902.0' /><set value='547423.0' /><set value='706273.0' /><set value='688764.0' /><set value='668315.0' /><set value='644687.0' /><set value='617624.0' /><set value='586855.0' /><set value='552086.0' /><set value='513005.0' /><set value='469280.0' /><set value='420555.0' /><set value='366449.0' /><set value='306556.0' /><set value='240443.0' /><set value='167647.0' /><set value='87675.0' /></dataset><dataset seriesName='LTC Need' color='FFA056'><set value='0.0' /><set value='0.0' /><set value='0.0' /><set value='0.0' /><set value='0.0' /><set value='57964.0' /><set value='59703.0' /><set value='61494.0' /><set value='63339.0' /><set value='65239.0' /><set value='67196.0' /><set value='69212.0' /><set value='71288.0' /><set value='73427.0' /><set value='75629.0' /><set value='77898.0' /><set value='80235.0' /><set value='82642.0' /><set value='85122.0' /><set value='87675.0' /></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>$117,368</td><td>$0</td><td>$117,368</td><td>$7,324</td><td>$124,691</td></tr><tr><td role="rowheader" scope="row">2</td><td>124,691</td><td>117,368</td><td>0</td><td>242,059</td><td>15,104</td><td>257,164</td></tr><tr><td role="rowheader" scope="row">3</td><td>257,164</td><td>117,368</td><td>0</td><td>374,531</td><td>23,371</td><td>397,902</td></tr><tr><td role="rowheader" scope="row">4</td><td>397,902</td><td>117,368</td><td>0</td><td>515,270</td><td>32,153</td><td>547,423</td></tr><tr><td role="rowheader" scope="row">5</td><td>547,423</td><td>117,368</td><td>0</td><td>664,790</td><td>41,483</td><td>706,273</td></tr><tr><td role="rowheader" scope="row">6</td><td>706,273</td><td>0</td><td>57,964</td><td>648,310</td><td>40,455</td><td>688,764</td></tr><tr><td role="rowheader" scope="row">7</td><td>688,764</td><td>0</td><td>59,703</td><td>629,061</td><td>39,253</td><td>668,315</td></tr><tr><td role="rowheader" scope="row">8</td><td>668,315</td><td>0</td><td>61,494</td><td>606,821</td><td>37,866</td><td>644,687</td></tr><tr><td role="rowheader" scope="row">9</td><td>644,687</td><td>0</td><td>63,339</td><td>581,348</td><td>36,276</td><td>617,624</td></tr><tr><td role="rowheader" scope="row">10</td><td>617,624</td><td>0</td><td>65,239</td><td>552,386</td><td>34,469</td><td>586,855</td></tr><tr><td role="rowheader" scope="row">11</td><td>586,855</td><td>0</td><td>67,196</td><td>519,659</td><td>32,427</td><td>552,086</td></tr><tr><td role="rowheader" scope="row">12</td><td>552,086</td><td>0</td><td>69,212</td><td>482,874</td><td>30,131</td><td>513,005</td></tr><tr><td role="rowheader" scope="row">13</td><td>513,005</td><td>0</td><td>71,288</td><td>441,717</td><td>27,563</td><td>469,280</td></tr><tr><td role="rowheader" scope="row">14</td><td>469,280</td><td>0</td><td>73,427</td><td>395,854</td><td>24,701</td><td>420,555</td></tr><tr><td role="rowheader" scope="row">15</td><td>420,555</td><td>0</td><td>75,629</td><td>344,925</td><td>21,523</td><td>366,449</td></tr><tr><td role="rowheader" scope="row">16</td><td>366,449</td><td>0</td><td>77,898</td><td>288,550</td><td>18,006</td><td>306,556</td></tr><tr><td role="rowheader" scope="row">17</td><td>306,556</td><td>0</td><td>80,235</td><td>226,321</td><td>14,122</td><td>240,443</td></tr><tr><td role="rowheader" scope="row">18</td><td>240,443</td><td>0</td><td>82,642</td><td>157,801</td><td>9,847</td><td>167,647</td></tr><tr><td role="rowheader" scope="row">19</td><td>167,647</td><td>0</td><td>85,122</td><td>82,526</td><td>5,150</td><td>87,675</td></tr><tr><td role="rowheader" scope="row">20</td><td>87,675</td><td>0</td><td>87,675</td><td>0</td><td>0</td><td>0</td></tr></table>