Life coverage gap

Add years of income, debts, mortgage, and education, then subtract coverage and liquid assets.

Coverage needs are part of what to do after retirement and household finances if others still depend on your income.

Labels the illustrated state and tax-year pack. This tool’s numbers do not change with state income tax. Medicare, HSA, 401(k), and RMD rules stay federal.

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Example report

Illustrated results

Estimated need

$1,375,000

Existing coverage + assets

$300,000

Coverage gap

$1,075,000

Income replacement

$960,000

Need components vs coverage

Assumptions

  • Needs analysis adds years of income replacement plus debts, mortgage, and education, then subtracts existing coverage and liquid assets.
  • This is not a product recommendation and does not include final expenses, taxes, or Social Security survivor benefits.
  • Rule year 2026: IRS federal income tax (2026-rev-proc-2025-32) and California state rules (2026-enacted-v1; progressive income tax). Medicare IRMAA, HSA, 401(k), and RMD tables are federal.

Educational planning software—not investment, tax, legal, Medicare, or Social Security advice. Projections depend on your inputs and assumptions. Optional professional review is separate when available.

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