Life Insurance  
Providing for your family in the event or your death is a fundamental of risk management. And life insurance benefits that replace your income may be one of the best ways to meet your family’s ongoing financial needs. This calculator is designed to help you estimate the amount of life insurance you would need to produce a sufficient income stream for your family.
     

What is your current income before taxes?

$

What percentage of this income will your family need?

%

For how many years will your family need this income?

What do you expect the rate of inflation to be over this time period?
Note: In recent years, inflation has been 3 percent.

%

What investment return do you expect your family to earn over this time period (0 percent to 12 percent)?

%

Enter the total of any one-time payments that your family will have. (E.g., funeral costs, future college costs, home mortgage, and any other debts you want the insurance to pay.)

$
 
   
   
Mitchler Financial Group
1122 Cambridge Square Ste A
 • Alpharetta, GA • 30009
Phone: 770-521-6077 • Fax: 770-521-6768
www.mitchlerfinancialgroup.com • david@mitchlerfinancial.com

 

 

Securities and Investment Advisory Services offered through Woodbury Financial Services, Inc.,

Member FINRA, SIPC and Registered Investment Advisor. Mitchler Financial Group, LLC and Woodbury Financial Services, Inc. are unaffiliated entities. PO Box 64284 • St. Paul MN 55164 • 800-800-2638

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