Life Insurance Calculator – Federal Retirement

Federal Retirement

Life Insurance Check-Up Calculator

Get a clear estimate of how much life insurance coverage your family may need. This quick check-up looks at your debts, expenses, and income replacement to help you understand your total financial protection needs. Enter your information below to get started.

Complete the quick lead form to unlock your personalized life insurance needs estimate.

Step 1: Tell us where to send your results

Step 2: Calculate your coverage need

Enter your estimates below, then calculate your total insurance need.

1. Debts and Expenses

Capture the immediate and planned costs your family may need to cover.

Final expenses (funeral, medical, taxes, legal)

Debts and liabilities (credit cards, auto, mortgage)

Emergency fund (6-12 months of expenses)

Future expenses (child care/support, education)

Providing an inheritance or gift

2. Income Replacement for Spouse and Children

Estimate the income your family would need and subtract any other available income sources.

Annual income needed

Other income sources

Number of years to provide income

3. Total Insurance Need

Subtract from total need: Bank accounts, IRAs, TSP, property, current insurance, survivor benefits not included above.

Total Lump Sum Assets Available