Life Insurance Planning Calculator

Life Insurance Planning Calculator

Name

Current Age

30

Spouse Age

30

Spouse Life Expectancy (Years)

75

Total Children

2

Child 1 Age

10

Child 2 Age

8

Higher Education Age

18

Marriage Age

25

Current Monthly Expenses

Inflation (%)

7

Risk Free Rate of Return (%)

6

Return on Child Investments (%)

10

Current Cost of Higher Education

Current Cost of Marriage

Total Outstanding Loan Amount

Current Life Insurance Cover

Current Value of Investments