Most calculators ask about one person. This one asks about both of you, because the gap usually sits with whichever partner nobody thought to cover.
Estimated shortfall
$1,263,000
$1,403,000 estimated need, less $100,000 in force and $40,000 in savings.
How that is built
Replacing income
10 years of your $95,000 income, so the household has time to adjust rather than decide under pressure.
Clearing the mortgage
Paying off the mortgage outright means the surviving partner is not forced to sell or move while grieving.
Clearing other debts
Debts that would otherwise fall to the estate or a co-signer.
Education for one child
Roughly $100,000 per child, based on four years at current in-state averages.
Final expenses
Funeral, administration and the immediate costs that arrive within weeks.
Because you are two people
With two similar incomes and children, losing either one changes the picture. Run this for both of you rather than just the higher earner.
Pre&Post is not an insurance agency, broker, or producer, and this is not a recommendation to buy any policy. This is an educational estimate based only on the figures you entered. Actual pricing and eligibility are set by insurers through underwriting. If you choose a licensed partner through us, we may be paid a referral fee — that fee never changes your price.
Educational estimate. Not legal, tax, or financial advice.
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