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Insurance

How Much Life Insurance Do I Need?

Good (316 Ratings)
2.294308/5

Planning to meet the financial needs of your survivors is one of the most important and fundamental steps in creating a sound financial plan for you and your family. This step usually requires the purchase of a life insurance policy to ensure that your family's needs will continue to be met, even after your untimely death cuts your earnings potential short.

Age, Income and AssumptionsInput
(1-99)
(1-99)
(0-9999999)$
(0-9999999)$
(1-99)
(0-12)%
(0-10)%
Immediate Cash NeedsInput
(0-9999999)$
(0-9999999)$
(0-9999999)$
(0-9999999)$
Long-Term Income NeedsInput
(0-9999999)$
(1-70)
(0-9999999)$
Available ResourcesInput
(0-9999999)$
(0-9999999)$
(0-18)
(0-18)
(0-18)
(0-18)
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Age, Income and AssumptionsInput
Immediate Cash NeedsInput
Long-Term Income NeedsInput
Available ResourcesInput
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{ "fields" : { "udata" : [ "clientAge" , "spouseAge" , "clientIncome" , "spouseIncome" , "spouseRetAge" , "beforeTaxReturn" , "inflation" , "funeral" , "finalExpenses" , "mortgageBalance" , "otherDebts" , "desiredIncome" , "term" , "collegeNeeds" , "investmentAssets" , "lifeInsurance" , "includeSocsec" , "child1Age" , "child2Age" , "child3Age" , "child4Age" ] } }
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