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    Life Insurance Needs Calculator

    Combine your outstanding debt, income replacement, mortgage payoff, and education funding to find the right total coverage amount.

    Enter your details

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    Recommended life insurance coverage
    $840K
    Income replacement (70% of income)$525K
    Mortgage payoff$250K
    Outstanding debt$15K
    Education funding$100K
    Less existing savings/insurance-$50K

    Using the DIME method, this is the estimated coverage your family would need to maintain their standard of living and clear major obligations if you passed away. Review annually as debts and income change.

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