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.)

$
 
   
   
TOTAL CLARITY WEALTH MANAGEMENT, INC.

525 Tyler Road
Suite U
Saint Charles, IL 60174

1200 Harger Road
Suite 222
Oak Brook, IL 60523

608 South Washington
Suite 304
Naperville, IL 60540

507 W. Eugenie Street
Suite 1
Chicago, IL 60614
Phone: (630) 762-9352 • Fax: (630) 587-9170
• info@totalclaritywealth.com

Securities and advisory services offered through Financial Network Investment Corporation, member FINRA, SIPC.

Advisory services are offered through Total Clarity Wealth Management, Inc. and some through Financial Network Investment Corporation

Total Clarity and Financial Network are not affiliated companies 

The information on this website is intended for use only by residents of the states listed below. Securities related services may not be provided to individuals residing in any state not listed.

Advisory and securities registered in Illinois, Wisconsin, Indiana, Iowa, Michigan, Minnesota, Missouri, Florida, Alaska, Arkansas, Arizona, California, Colorado, Delaware, Georgia, Idaho, Kentucky, Massachusetts, Maryland, Mississippi, North Carolina, Nebraska, Nevada, New York, Ohio, Oklahoma, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Virginia, Washington

Insurance Licensed in Illinois, Wisconsin, Florida

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