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.)

$
 
   
   
Chicago Investment Advisory Council, Inc.
1601 E. Main St., Ste 1C • St Charles, IL • 60174
Phone: 630-444-1410 • Fax: 630-444-1441
• jdavis@ciacinc.com

 

Securities offered through J.W. Cole Financial, Inc.  Member FINRA/SIPC.  Investment advisory services offered through Chicago Investment Advisory Council, Inc. (CIAC). 

CIAC and J.W. Cole Financial are separate and unrelated companies. 

Registered Representatives of J.W. Cole Financial, Inc. whose identities and associations with CIAC are disclosed on this site, may only conduct business with residents of the states and/or jurisdictions for which they are properly registered.  Therefore, a response to a request for information may be delayed.  No information provided on this site is intended to constitute an offer to sell or a solicitation of an offer to buy shares of any security, nor shall any security be offered or sold to any person, in any jurisdiction in which such offer, solicitation, purchase, or sale would be unlawful under securities laws of such jurisdictions.  Please note that not all of the investments and services mentioned may be available in every state. 

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