Tools
Here you will find tools that will help you estimate losses:
Present Value Estimator
The value of $10,000 of wage loss per year over various worklife expectancies:
| WORK - LIFE EXPECTANCY |
PRESENT VALUE OF $10,000 PER YEAR | |||||
| NET EFFECTIVE DISCOUNT RATE (1) | ||||||
| 0.00% | 1.00% | 2.00% | 3.00% | 4.00% | ||
5 |
$50,000 | $49,020 | $48,077 | $47,171 | $46,299 | |
7 |
$70,000 | $67,955 | $66,014 | $64,172 | $62,421 | |
9 |
$90,000 | $86,517 | $83,255 | $80,197 | $77,327 | |
11 |
$110,000 | $104,713 | $99,826 | $95,302 | $91,109 | |
13 |
$130,000 | $122,551 | $115,753 | $109,540 | $103,851 | |
15 |
$150,000 | $140,037 | $131,062 | $122,961 | $115,631 | |
17 |
$170,000 | $157,179 | $145,777 | $135,611 | $126,523 | |
19 |
$190,000 | $173,983 | $159,920 | $147,535 | $136,593 | |
21 |
$210,000 | $190,456 | $173,514 | $158,775 | $145,903 | |
23 |
$230,000 | $206,604 | $186,580 | $169,369 | $154,511 | |
25 |
$250,000 | $222,434 | $199,139 | $179,355 | $162,470 | |
27 |
$270,000 | $237,952 | $211,210 | $188,768 | $169,828 | |
29 |
$290,000 | $253,164 | $222,813 | $197,641 | $176,631 | |
31 |
$310,000 | $268,077 | $233,965 | $206,004 | $182,920 | |
33 |
$330,000 | $282,696 | $244,683 | $213,888 | $188,736 | |
35 |
$350,000 | $297,027 | $254,986 | $221,318 | $194,112 | |
| NOTES: | ||||||
| (1) |
Net effective discount rate is the difference between the investment return and the growth in wages. | |||||
| (2) |
Assumes that the $10,000 annual payment is made at the beginning of the year. To adjust for timing of payments, reduce by the nominal rate of interest for the year, | |||||
| (3) |
This is only an estimator and does not take into account the time period over which the individual is in the workforce. Therefore, the results will not be exact. | |||||