ABCDE
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SPA Life Insurance Calculator(Change as needed the values in Red)
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Mortgage Balance (or 5 years rent)$100,000
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Other Debt (auto, college, credit cards)$0
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Final Expenses$10,000
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Emergency Funds$20,000
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Annual Income to Replace$0$0
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Total Insurance Required$130,000
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Life Insurance you already have$50,000
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Savings you could access penalty free prior to retirment$0
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Additional Life Insurance Coverage Needed$80,000
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Compliments of clearpersonalfinance.com
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