A simple calculator to help you find out how much life insurance you might need.
Are you male or female?
How old are you?
Are you married?
What's your annual take-home pay?
Do not include your spouse's income.
Do you own or rent your home?
How much do you owe on your home?
What do you pay for rent, utilities and other housing costs, per month?
How many kids count on you?
Will you pay for your kids' college education?
How much do you spend caring for other loved ones per month?
Think about those with special needs, aging parents, etc.
How much are your other monthly expenses?
Think about health expenses, credit card debt, car loans, personal loans, education loans, etc.
What assets or investments do you have?
Think about cash, retirement accounts, annuities and other investments.
How much life insurance do you currently have?