How long will my current life insurance proceeds last?

You may think that you are adequately insured in the event of your death. It may surprise how quickly the tax-free insurance proceeds may be depleted by your survivors' income needs.
Insurance and Assumptions
Current life insurance in force ($) 
Monthly survivor income needs ($) 
Annual inflation adjustment (if any) (%)help
Annual before-tax return on insurance proceeds (%)help
Federal marginal tax bracket (%)help
Desired amortization schedule 
Consult

The results and explanations generated by this calculator may vary due to user input and assumptions. New York Life Insurance Company does not guarantee the accuracy of the calculators, results, explanations, nor applicability to your specific situation. We recommend that you use this calculator as a guideline only and you ultimately seek the guidance of an experienced professional.

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