Life Insurance

How Long Will Your Current Life Insurance Proceeds Last?

When you chose a life insurance death benefit amount it probably sounded like a lot of money to leave your beneficiary. But it may surprise you how quickly your survivors' day-to-day living expenses deplete those tax-free* dollars.

Insurance and Assumptions
Current life insurance in force
Monthly survivor income needs
Annual inflation adjustment (if any): (%) help
Annual before-tax return on insurance proceeds: (%) help
Federal marginal tax bracket: (%) help
Desired amortization schedule
 

* Under current tax laws

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