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.)

$
 
   
   
Jay Maffe www.maffefinancialgroup.com

Hartford, CT:
333 East River Drive, Suite 401		 • East Hartford, CT • 06108
Phone: (860) 290-8788
Fax: (860) 290-8822

Fairfield, CT:
187 Danbury Road, Suite 1E
Wilton, CT 06897
Phone: (203) 803-1866
Fax: (203) 803-1867

Manchester, CT:
160 Chapel Road, Suite 301
Manchester, CT 06040
Phone: (860) 647-7919
Fax: (860) 647-7818

Providence, RI:
875 Centerville Road, Building One
Warwick, RI 02886
Phone: (401) 828-2090
Fax: (401) 828-1548

Newton, MA:
Two Newton Executive Park, Suite 200
Newton, MA 02462
Phone: (617) 965-7777
Fax: (617) 965-7017

Boston, MA:
35 Braintree Hill Office Park, Suite 102
Braintree, MA 02184
Phone: (781) 848-0015
Fax: (781) 848-0024

Altoona, PA:
1798 Plank Road, Suite 301
Duncansville, PA 16635
Phone: (814) 696-1100
Fax: (814) 696-1178