Calculate Coverage

Income & Assumption

Current Annual Income
USD

If Applicable

Spouse's Age
Spouse's Annual Income
USD
Spouse's Desired Retirement Age
 

Available Resources

Investment Assets
USD
Existing Life Insurance
USD

Immediate Cash Needs

Mortgage Balance
USD
Other Debts
USD

Future Income Needs

Desired Annual Income Needs
USD
Number of Years Income Needed
College Needs
USD
Clear AllEstimate

Calculate Coverage

Results:

An additional of insurance will cover your immediate and future income needs.

Immediate Need
Future Needs
TOTAL NEEDS
-
Investment Assets
Existing Life Insurance
TOTAL RESOURCES
=
Additional life
insurance needed
Recalculate Apply & Close

The results and explanations generated by this calculator may vary due to user input and assumptions. New York Life Insurance Company does not guarantee the accuracy of the calculators, results, explanations, nor applicability to your specific situation. We recommend that you use this calculator as a guideline only. When you are ready to apply for a life insurance policy, a New York Life Agent will discuss your life insurance needs in greater detail to ensure you select the most appropriate product and amount of coverage.