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.)

$
 
   
   
Springfield Wealth Advisors
3556 Culpepper Circle, Ste 4A • Springfield, MO • 65804
Phone: 417-886-8500 or 1-800-299-5725 • Fax: 417-886-8905
• mikehorn@springfieldwealthadvisors.com

IMPORTANT CONSUMER INFORMATION

A broker-dealer "BD", investment advisor "IA", a BD agent, or IA representative may only transact business in a state if first registered in that state, or is excluded or exempt from registration in that state as a broker-dealer, investment adviser, BD agent or IA Representative, as appropriate. Follow-up, individualized responses to persons in a state by such a firm or individual that involve either affecting or attempting to affect transactions in securities, or the rendering of personalized investment advice for compensation, will not be made without first complying with appropriate registration requirements, or an applicable exemption or exclusion.



For information concerning the licensing status or disciplinary history of a broker-dealer, investment adviser, BD agent, or IA rep, a consumer should contact his or her state securities law administrator.



The information within this website is believed to be correct but is dependent on outside sources. It is not intended to give tax or investment advise. This information should be given in person from a professional that has taken the time to review your assets, needs, and circumstances before making a recommendation.



Michael E. Horn



Springfield Wealth Advisors, Inc.



3556 Culpepper Circle, Suite 4A



Springfield, MO 65804







(417) 886-8500



1-800-299-5725







Securities offered through Investment Planners, Inc.

Member FINRA & SIPC


 

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