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.)

$
 
   
   
United Wealth Strategies, LLC - Financial Planning, Insurance & Investments
3161 West White Oaks Drive, Suite 204 • Springfield, IL • 62704-7407
Phone: (217) 679-1676 • Fax: (217) 953-0074
www.unitedwealthstrategies.com • Info@UnitedWealthStrategies.com

Christopher M. Parks, CPA, CFP® is a registered representative registered to transact business with clients in IL, MO, CO, CA and is advisory licensed in the following states: IL, MO, CO, CA.  Christopher M. Parks, CPA, CFP® is also an insurance agent licensed in IL, MO, CO, CA.  If you are not a resident of the states noted above, all investment-related information on this site is for informational purposes only and does not constitute a solicitation or offer to sell securities or insurance services over the internet.

Securities offered through H.D. Vest Investment ServicesSM, Member: SIPC, Advisory Services offered through H.D. Vest Advisory Services SM, non-bank subsidiaries of Wells Fargo & Company, 6333 North State Highway 161, Fourth Floor, Irving, TX 75038, 972-870-6000. Investments & Insurance Products: Are not insured by the FDIC or any federal government agency Are not deposits of or guaranteed by the bank or any bank affiliate May lose Value .

United Wealth Strategies, LLC is not a registered broker/dealer or independent investment advisory firm.