Life Insurance Calculator

Cash Needs At Death

Mortgages/Debts
College
Emergency
Legacy
Total Cash Needs at Death
Calculated Value (Z)

Income Replacement

Monthly Desired Income (A)
Multiply x 12
calculated value (A * 12 = B)
Assumed net rate of return on insurance proceeds  % (C)
Total Income Replacement
calculated value (B / C = D)
Total Gross Need
calculated value (Z + D = X)

Current Resources

Current Life Insurance
Retirement Plans / IRAs
Savings
College Savings
Other
Total Resources
Calculated Value (Y)
   
Net new total life insurance need
Calculated Value (X - Y = J)