Term Life Insurance Needs Calculator

Calculate exactly how much life insurance you need based on the DIME method (Debt, Income, Mortgage, Education) minus current assets.

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Annual Income to Replace ($) Years of Income Needed Outstanding Mortgage ($)

Other Debts ($) Education Costs (Children) ($) Current Liquid Assets / Existing Insurance ($)

The Methodology

This calculator uses the DIME method to determine the raw capital required to sustain your dependents if you were to pass away today. It assumes a conservative withdrawal rate for income replacement.

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The Methodology