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Life Insurance Need Calculator

Income Needs
tooltip1 Annual income your family would need if you die today$
tooltip2Annual income available to your family from other sources$
Number of years for which your income needs to be replaced1
Expenses
tooltip3Burial expenses$
tooltip4Mortgage and other debts$
tooltip4Children's College Cost2
Number of children

Assets
tooltip5Savings and investments$
tooltip6Retirement savings$
tooltip7Present amount of life insurance$
   

1 Important note: Inflation is assumed to be 4%. The rate of return on investments is assumed to be 8%.
2 Source:The College Board, Trends in College Pricing 2003.

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