 Life Insurance Need Calculator |
| This calculator will help you to decide how much life insurance you need if your survivors invest the life insurance benefits they receive. |
| Funeral cost, estate taxes, etc. ($): | |
| Amount needed to pay off non-mortgage debt ($): | |
| Amount needed in emergency fund ($): | |
| Amount needed in college fund ($): | |
| Expected average annual living expenses ($): | |
| Expected spouse’s average annual income after taxes ($): | |
| Annual Social Security Benefits ($): | |
| Spouse’s current age (#): | |
| Value of current liquid assets ($ total of savings, investments, etc.): | |
| Expected survivor’s investment strategy: | Conservative Aggressive |
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| Life insurance needs: | |