Life Insurance Calculator | Insurance Coverage

Life Insurance Needs

Years for insurance to cover:

Inflation rate:

Federal + state tax rate:

Rate earned on investments:

Assets

Cash and savings:

Investments:

Home equity amount:

Other assets:

Total Assets:

Expenses At Death

Taxes on assets:

Funeral costs:

Debt repayment:

College fund for child 2:

Probate costs:

Uninsured medical costs:

College fund for child 1:

College fund for child 3:

Expenses At Death:

Income

Spouse's income from work

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Social security benefits (children at home)

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Social security benefits (children gone)

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Other income

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Total Income:

Living Expenses

Child care expenses

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Living expenses with children at home

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Living expenses with children gone

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Children's college expenses

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Retraining and education for spouse

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Other expenses

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Future Expenses:

Life insurance required: $0