Life insurance needs calculator
Add income replacement, debts, education and final expenses, then subtract existing savings.
$
15 yr
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$
$
$
Cover needed
$1,277,000
Multiple of income
18.8×
- Income replacement
- $1,020,000
- Debts and education
- $290,000
- Offset by savings
- −$45,000
- Rounded policy size
- $1,300,000
How this is calculated
- · No investment return on the payout
- · Needs change over time
Estimates only — not financial, tax or legal advice.