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Payout for Future Medical Calculation
#4
I assume the settlement offer was approximately $12K.
did you try their settlement offer in some FV calculations to see if the $30K projected amount was generated?

if you know about calculating the value of money over time then then you are well aware there are a number of present value calculations using your $30K future medical that result in a 40% discount rate (anything that produces about $12K):

3% for 31 years; 19yrs@5%; 23yrs@4% etc. etc. etc.


so yes, if you are roughly between 48 & 66 then it sounds reasonable.

does that clear it up?

P.S. another variable can be the payout frequency; but the spreadsheet can give you different models.

Reminder :
........Each state has their own comp system; POST YOUR STATE to get accurate information. Use the search feature to find information from similar questions.
THANKS FOR POSTING.
 
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RE: Payout for Future Medical Calculation - 1171 - 07-11-2011, 04:55 PM

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