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Insurance Calculators

How Much Life Insurance Do I Need?

Age, Income and Assumptions
Your current age  
Spouse's current age (if applicable)  
Current annual income  
Spouse's annual income (if applicable)  
Spouse's desired retirement age (if applicable)  
Investment return: (%)  
Anticipated inflation rate: (%) help
Immediate Cash Needs
Funeral expenses  
Final expenses  
Mortgage balance  
Other debts  
Long-Term Income Needs
Desired annual income needs
(typically 70-80% of current combined income)
 
Number of years income is needed  
College needs help
Available Resources
Investment assets  
Existing life insurance  
Include social security benefits?  
Age of oldest child under 18  
Age of second child under 18  
Age of third child under 18  
Age of fourth child under 18  

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