Life Insurance Calculator - Piedmont Advantage Credit Union

Check the background of this financial institution on FINRA's BrokerCheck.

Age, Income, and Assumptions

Current age (if applicable) (1 to 85)

Current annual income ($)

Spouse's annual income (if applicable)' ($)

Spouse's current age (if applicable) (0 to 85)

Spouse's desired retirement age (if applicable) (0 to 65)

Investment return (-12% to 8%)

Anticipated inflation rate (0% to 10%)

Immediate Cash Needs

Funeral expenses ($)

Final expenses ($)

Mortgage balance ($)

Other debts ($)

Desired annual income needs

(Typically 70-80% of current combined income) ($)

Number of years income is needed (1 to 70)

College needs ($)

Available Resources

Investment assets ($)

Existing life insurance ($)

Include social security benefits?

Age of oldest child under 18 (0 to 18)

Age of second child under 18 (0 to 18)

Age of third child under 18 (0 to 18)

Age of fourth child under 18 (0 to 18)