Life Insurance Needs Calculator

How much life insurance do you actually need? Enter your income, debts, and future expenses to get a personalized coverage recommendation.

Calculate Your Life Insurance Needs

Annual income ($)

Years of income to replace

Total debts ($)

Future expenses ($)

Existing savings ($)

Existing life insurance ($)

Recommended coverage

Monthly cost (20-yr term)

Debt + Income (× years) + Mortgage + Education − Savings − Existing insurance = Your coverage gap.

Coverage = (Income × Years) + Debts + Future − Savings − Existing

$80k × 10 + $200k + $50k − $30k − $100k = $920,000 recommended (~$46/mo for a healthy 35-year-old).

Disclaimer: Estimates for educational purposes only, not insurance advice.