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Calculate the amount of insurance that would be appropriate


Life’s Financial Journeys

Heading Off to College
Getting Out on Your Own
Blending Two Lives
Having a Child
Emptying the Nest
Entering Retirement
Divorce
Death of a Life Partner
Military Life


Should you need life insurance, the amount is heavily affected by your age, your partner’s age, whether or not you have children and their ages and your income among other factors.

This is one area where one size definitely does not fit all.

The following resources may assist you in calculating the amount of insurance that would be appropriate:

Explaining the Life Insurance Calculation

Life Insurance Needs Calculator

Interactive Needs Calculator


Blending Two Lives Tasks

1. Creating a joint spending plan
2. Building shared credit access and usage
3. Managing dual careers
4. Protecting your income with life insurance
5. Estate planning

Protecting your income with life insurance Subtasks

1. Determine whether life insurance is needed at all
2. Calculate the amount of insurance that would be appropriate
3. Decide on the right type of life insurance

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