Life Insurance Needs

Annual pre-tax family income needed:

Years of income needed:

years

Estimated interest rate earned on insurance proceeds:

Estimated annual inflation rate:
Guide: 3% average in the past 10 years

SUBTOTAL:

$ 0

Final expenses:
Guide: 6 times monthly income up to $25,000 total

Unforseen expenses:
Guide: 6 times monthly income up to $25,000

10 year rent fund or mortgage balance:

Children's education:
Guide: $7,020 public college average annual tuition
$26,273 private, non profit average annual tuition *

Total death benefit:
(sum of all above)

$ 0

Existing life insurance in force:

Additional life insurance needed:

$ 0

* Source: Wall Street Journal.