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