D.I.M.E. Method

Life Insurance Calculator

Stop guessing. Calculate exactly how much coverage your family needs using the industry-standard DIME framework.

Your Financial Picture

Debt (Non-Mortgage)$15,000

Credit cards, auto loans, personal loans.

Annual Income$80,000Years to Replace Income10 Years

Remaining Mortgage Balance$250,000

Education Cost (Per Child)$100,000Number of Children2

Current Savings & Investments$50,000

Current Life Insurance$0

E.g. Group policy through work.

$1,230,000

This is the new life insurance policy amount you should purchase to fully protect your family.

Debt & Final Expenses$30,000

Income Replacement$800,000

Mortgage$250,000

Education$200,000

Total Need$1,280,000

Minus Existing Assets-$50,000

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