Insurance Calculators

Insurance math comes in two flavors: how much coverage do I need, and how much should I expect to pay for it? Our insurance calculators address the first question — sizing coverage to your actual financial obligations — and leave premium quoting to licensed agents who can underwrite your specific health and situation.

The life insurance needs calculator uses the standard "DIME" framework (Debt, Income replacement, Mortgage, Education) plus final-expense estimates to size a death benefit for term life. For most working-age households, this lands in the $500k to $2M range; the right number depends on the number of dependents, years until they're financially independent, and existing assets. We also have a dedicated long-term care insurance calculator using national average daily costs and length-of-care statistics from genworth and CMS data.

Disability insurance is a much-overlooked category: roughly one in four working adults will face a disability lasting more than a year before retirement. The disability insurance calculator estimates how much monthly benefit you need to maintain your standard of living if you can't work, factoring in Social Security Disability Insurance (SSDI) as a floor.

For retirement-planning purposes, fixed and variable annuity calculators project guaranteed payment streams under different surrender schedules, mortality assumptions, and fee structures. The variable annuity calculator includes a stochastic projection for sub-account returns since variable annuities expose the buyer to market risk.

Need calculations use industry-standard frameworks (DIME for life, replacement-ratio for disability). Premium estimates require underwriting — our calculators don't quote premiums because actual cost depends on age, health, smoking status, family history, and other factors a licensed agent assesses. Long-term care cost data is updated annually from the Genworth Cost of Care Survey. None of this is insurance advice; talk to a fee-only fiduciary financial planner before purchasing any policy.