My Life Insured

Life Insurance Calculator


This calculator will help you to decide how much life insurance you need if your survivors invest the life insurance benefits they receive. Revise the various numbers as they apply to your situation, then click the calculate button to see your recommended life insurance amount.

 
 Description  Data Values
Funeral cost, estate taxes, etc. ($):
Amount needed to pay of non-mortgage debt ($):
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:
 


 

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* My-Life-Insured.com provides free information concerning insurance products and services but is not an agency or an insurer. Not all products and services are available in all states, and no guarantees regarding same are made herein. Please speak to your insurance agent for more information.
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