Recent Calculations
How much life insurance do you need? This comprehensive life insurance calculator includes detailed net worth analysis, budgeting and college savings to help you decide how much life insurance you might need. You can also adjust the inflation rate and your expected rate of return to see how these variables can impact your insurance needs.
Total amount of life insurance coverage you currently have for yourself.
Number of years your spouse will need to use your insurance proceeds to provide for living expenses and income.
This is the rate that you expect your expenses and income to rise. Your total expenses and earned income are increased by this rate for each year you require income.
The annual percentage rate you expect to earn on your savings. This includes any insurance proceeds and your educational savings. You may wish to use a more conservative rate of return if you will need to begin using your insurance proceeds immediately. La tasa de rendimiento real depende en gran medida de los tipos de inversiones que elija. El índice Standard & Poor's 500® (S&P 500®) durante los últimos 10 años que finalizaron el 31 de diciembre de 2025, tuvo una tasa de rendimiento compuesta anual de 14.8 %, con la reinversión de dividendos. Desde el 1 de enero de 1970 hasta el 31 de diciembre de 2025, la tasa de rendimiento compuesta anual promedio del S&P 500®, con la reinversión de dividendos, fue aproximadamente del 11.3 % (fuente: www.spglobal.com). Desde 1970, el rendimiento más alto a 12 meses fue del 61 % (desde junio de 1982 hasta junio de 1983). El rendimiento más bajo a 12 meses fue del -43 % (desde marzo de 2008 hasta marzo de 2009). Las cuentas de ahorro en una institución financiera pagan menos, pero conllevan un riesgo significativamente menor de pérdida de saldos de capital.
Es fundamental tener en cuenta que estos escenarios son meramente hipotéticos y que las tasas de rendimiento futuras no pueden preverse con certeza. Además, las inversiones que ofrecen tasas de rendimiento más altas suelen estar expuestas a un mayor riesgo y volatilidad. La tasa real de rendimiento de las inversiones puede variar significativamente con el tiempo, en especial en las inversiones a largo plazo. También puede implicar la posible pérdida de capital invertido. No es posible invertir directamente en un índice y la tasa de rendimiento compuesta mencionada anteriormente no incluye los cargos por ventas ni otras tarifas que imponen los fondos de inversión o las empresas de inversión. This calculator compounds all growth annually. For the purposes of this calculator taxation is not factored into the results. If you pay taxes on the interest, dividends or capital gains you should enter your after-tax rate of return.
Insurance products may additionally include mortality, expense risk charges, cost of insurance, administrative, and surrender charges that will have a significant impact on the total rate of return for the investment.
This is the amount that you wish to have remaining at your death. For example, you may wish to preserve part of your life savings as an inheritance for your children or to donate to charity.
The current total balance of your retirement accounts. This would include IRAs, 401(k)s, annuities and any other retirement savings you may have.
If you own any Treasury, municipal, or commercial bonds enter the total here.
If you own any individual stocks, enter the total here. Again, do not include any stocks that are held in a registered retirement account.
If you own any mutual funds, enter the total here. Do not include any mutual funds that are in your registered retirement accounts, they were already included in the 'Registered retirement accounts' line.
If you own any Savings Bonds enter the total here.
The current total balance of your checking and savings accounts.
If you have any other investment assets of value, you can enter the total here.
Current value of your home. This should be as close as possible to the actual market value of your home. If you have owned your home for a number of years, the current market value could be significantly higher than your original purchase price.
The value of any other real-estate you may own. Include second homes, undeveloped land, rental property or any commercial buildings you may have an interest in. As with your home, use the actual market value of this real-estate.
This is the total value of all automobiles that you own. Do not include any leased vehicles.
If you own any other vehicles, such as RVs, campers or collectibles, enter them here.
The value of any jewelry, gems or precious metals such as gold. If you have owned these items for a number of years they may have appreciated in price, remember to use the current market value.
The value of other assets. This might include items such as furniture, home electronics, silverware, etc.
This is the current principal balance remaining on your mortgage. This is the amount that you would have to pay to own your home free and clear.
This is the current principal balance for any other real-estate mortgages you may have. This includes mortgages on rental property, undeveloped land, commercial property or any other real-estate.
Total amount you currently have outstanding on your auto loans.
Total amount, if any, that you currently owe in student loans. You should enter the total outstanding even if these loans are currently in deferment.
Your total credit card debt.
Total amount, if any, of any other loans you may have.
Estate taxes are required to be paid upon your death.
Probate costs cover legal fees for disbursing the assets of the deceased. You may incur significant probate costs even if you have a will.
All costs required to cover the cost of the funeral.
Any other expenses you might have that would need to be paid if you or your spouse died.
Current age of your children. This calculator is based on each child beginning their college education at age 18. The difference between their current age and 18 is the number of years you have to save.
Current estimated cost of one year of tuition and books. This amount should be per child and be specific to the school they may be interested in attending. For the purposes of this calculator all expenses are assumed to be due at the end of the year.
Current estimated cost of one year living expenses. Like tuition and books, this amount should be per child and specific to the school they may be interested in attending. For the purposes of this calculator all expenses are assumed to be due at the end of the year.
Enter net monthly income that your spouse will receive from each source. The start year is the year the income begins, the end year is when the income source will end.
This is the total of all of your monthly expenses. This includes your expenses for housing, insurance, loan payments, utilities, and other miscellaneous items.