Planning to meet the financial needs of your survivors is one of the most important
and fundamental steps in creating a sound financial plan for you and your family.
This step may require the purchase of a life insurance policy to ensure that your
family's needs will continue to be met, even after your untimely death cuts your
earnings potential short.
With medical advances and improved lifestyles, life expectancies in the United States
are on the rise.* Use this basic calculator to help determine how many years you
may need to plan for in retirement or how many years you may need to provide income
to a surviving spouse or children.
* Source: National Association of Insurance Commissioners, 2001
The information provided here is to assist you in planning for your future. Any analysis
is a result of the information you have provided. Material discussed is meant for
general illustration and/or informational purposes only and it is not to be construed
as tax, legal, or investment advice. Although the information has been gathered from
sources believed to be reliable, please note that individual situations can vary
therefore, the information should be relied upon when coordinated with individual
Any rate of return entered into the interactive calculator to project future values
should be a reasonable average return for the period. Rates of return will vary over
time, and generally the higher the rate of return the higher the degree of risk.