Needs Calculator

Step 1

Evaluate Your Income and Assets

What is your current income?

How many years will your spouse need your annual income?

Current investment income

Rental Properties, Dividends, Annuities, etc.

Existing liquid assets

All assets that can be turned into cash within 3 months (We recommend you not liquidate retirement accounts due to tax penalties)

The amount of your existing life insurance coverage:

Evaluate Your Debts and Expenses

Outstanding mortgage balance

Outstanding loans

Final expenses

Medical, Funeral, Taxes

Evaluate Your Child Support and College Expenses
*We suggest an average annual tuition cost of $15000 – $20000 per year

Child Support

	Monthly Child Cost	Years child will require support	College expenses
1	$		$
1	$		$

Estimate