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Insurance for Families

Here is a quick guide to help you understand how much insurance you may need based on your income. For young families, Rosen Financial suggests purchasing enough life insurance to cover 15-20 years worth of lost income.

Take a look at your monthly income in the first column and follow across horizontally to see how much income you may need to replace to cover 10 to 30 years.


Amount of Life Insurance Protection Required to Replace Specified Income Amount
Based on Lump Sum Income Growing at 3.25%
Net of Annual Income Distribution at Beginning of Year

Monthly Income

Annual Income

10 Years of Income

15 years of Income

20 Years of Income

25 Years of Income

30 Years of Income

$2,500

$30,000

$256,528

$356,750

$441,959

$514,403

$575,996

$3,750

$45,000

$384,793

$535,125

$662,938

$771,604

$863,994

$4,000

$48,000

$410,445

$570,800

$707,134

$823,045

$921,594

$5,000

$60,000

$513,057

$713,500

$883,917

$1,028,807

$1,151,992

$6,250

$75,000

$641,321

$891,875

$1,104,897

$1,286,008

$1,439,990

$8,333

$100,000

$855,061

$1,189,119

$1,473,137

$1,714,609

$1,919,910

$10,416

$125,000

$1,068,800

$1,486,363

$1,841,377

$2,143,210

$2,399,830

$12,500

$150,000

$1,282,642

$1,783,750

$2,209,793

$2,572,017

$2,879,980

$14,583

$175,000

$1,496,382

$2,080,994

$2,578,033

$3,000,617

$3,359,900

$16,666

$200,000

$1,710,121

$2,378,238

$2,946,273

$3,429,218

$3,839,819

*This chart is not a recommendation but merely guide to understanding what one's lost income is worth to their family over 10-30 years. Consult a insurance and financial professional to create a tailored financial plan based on your financial circumstances.