Life Insurance Need Calculator

Income Needs
Annual income your family would need if you die today	$
$Put a figure that includes your spouse\'s earnings (Social Security may be available), dividends, interest.$ Annual income available to your family from other sources	$
Number of years for which your income needs to be replaced¹
Expenses
Burial expenses	$
Mortgage and other debts	$
Children\'s College Cost²
Number of children

Assets
$All of your bank accounts, CD\'s, stocks, bonds, mutual funds, real estate/rental property, etc.$ Savings and investments	$
$Include your IRA\'s, 401(k) plans, pension and profit sharing plans$ Retirement savings	$
Present amount of life insurance	$

For detailed discussion and analysis about your needs, ask the certified insurance agents. 1 Important note: Inflation is assumed to be 4%. The rate of return on investments is assumed to be 8%. 2 Source:The College Board, Trends in College Pricing 2003.

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