This life insurance calculator estimates the coverage amount you may need based on your income, debts, savings, and future expenses like education and funeral costs. It's a simple tool to help you plan financially for your family's protection.
Enter your annual income.
Input the number of years you want to support your dependents.
Add your total debts (e.g., mortgage, loans).
Enter your current savings.
Include estimated education costs for dependents.
Add expected funeral costs.
Click “Calculate Coverage” to see your estimated life insurance need.
This life insurance calculator estimates the coverage amount you may need based on your income, debts, savings, and future expenses like education and funeral costs. It's a simple tool to help you plan financially for your family's protection.
Projected Roth IRA Value: $0.00
Inflation-Adjusted Value: $0.00
Traditional IRA (Tax-Deferred) Value: $0.00
DISCLAIMER:
These statements are for information only. Please consult a financial professional for advice specific to your situation. Debora Majher offers Investment Advisor Services through Evergreen Wealth LLC dba Evergreen Retirement services, and insurance solutions as Debora Majher, Independent Agent. Neither Debora Majher nor David Majher work for the Social Security Administration or CMS.
Attend this workshop to learn about:
Maintaining family wealth over multiple generations.
6 strategies for a strong generational wealth management plan.
Strategies that could help reduce taxes.
Understanding the biggest threats to the preservation of wealth.
3 Key factors for a sustainable withdrawal rate.
How retirement planning, portfolio-mix and risk tolerance can affect future generations.
How to calculate the value of your estate.
The importance of having a trust and life insurance policy if you're from a blended family.
How to NOT disinherit your children and grandchildren because of divorce or another triggering event.