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.

























Life Insurance Need Calculator

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:





Life insurance needs: