Disability Calculator

The Cost of Income Replacement Insurance

To determine your potential earnings when you retire at the age of 65, fill in the following information (your current age and annual income) and click on the form.

Enter your current age:
Enter your current annual income:
Your potential earnings, assuming a 5% salary increase each year, will reach an amount of:

Let's take a look at how you protect your valuable assets that are currently insured. Note that the lower the cost of insurance coverage per thousand dollars of insurance, the more value you are receiving for your insured assets. The higher the cost of insurance coverage per thousand dollars of insurance, the less value you are receiving for your insured assets.

Your Home:

Enter the value of your home or total annual rent:
Enter your annual homeowner / tenant insurance premiums:
The cost of home insurance coverage per thousand dollars is:

Your Automobile:

Enter the value of your automobile or total annual lease payments:
Enter your annual automobile insurance premiums:
The cost of automobile insurance coverage per thousand dollars:

Your ability to earn an income:

The value of your ability to earn an income (from above):
Enter your annual disability insurance premiums:
The cost of income replacement insurance coverage per thousand dollars is:

(Note: If you don't have disability insurance, please contact Independent Financial Concepts Group for a quote. You can also use our online form to request a quote. Please click on "General Inquiry" bar at the main menu on your left.)

Notice how much less it costs to insure your income. Most of us spend a lot of money protecting our assets, but what about protecting the one thing that makes our assets and other possessions possible - YOUR INCOME!

Your browser must support JavaScript in order for you to use this calculator!