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 10 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.)

$
 
   
   
Wiseman & Associates Financial Servcices, LTD
27 West Boscawen St. • Winchester, VA • 22601
Phone: 540-722-6403 • Fax: 540-722-6405
• jpowell@wisemanandassociates.com
thomas.wiseman@lpl.com

Securities and advisory services are offered through LPL Financial, a registered broker-dealer and SEC registered investment advisor. Member FINRA/SIPC.

Tom Wiseman and Stephanie Smith, Representatives, Registered Representatives are licensed in the following states: Life Insurance Products: NC, NY, PA, TN, VA, WV.   Securities: AL, AZ, CA, DE,  FL, MA, MD, MI, MO, NC, NY, PA, SC, TN, VA,  WI, WV.  LPL Financial does not offer tax or legal advice.

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