Inspiralife is not affiliated with any insurance or financial company and does not sell any financial product. Read more

Income Replacement Calculator

Estimate the lump sum your family would need to replace your income for a set number of years if you weren't around to provide it.

Your Income Details

% of your current income your family would need to maintain their lifestyle.
Assumed return if the lump sum were invested while being drawn down.

Your Income Replacement Need

Annual Income to Replace
{{ fmtPHP(annualIncomeNeeded) }}
Real Discount Rate
{{ (realRate * 100).toFixed(2) }}%
Lump Sum Needed Today
{{ fmtPHP(lumpSumNeeded) }}
This lump sum, invested at your assumed rate and drawn down annually, is estimated to cover your income replacement goal for the number of years selected, after accounting for inflation.
Financial Advisor Academy

Build the skills to start a financial advisory career.

For aspiring financial advisors, new recruits, and professionals who want stronger planning conversations, Inspiralife Academy brings together practical lessons, exam preparation, client-readiness guides, and advisor career foundations in one affordable learning path.

Inspiralife is not affiliated with any insurance or financial company and does not sell any financial product.