Net Worth
$385KTop 42%PeakWorth
$4.2M+$182KNet Worth
$385KTop 42%PeakWorth
$4.2M+$182KFI Age
50y 1m-11moInsurance is the floor that keeps a bad year from becoming a bad decade. PeakWorth sizes coverage to the actual hole a loss would blow in your plan — usually 10–15× income in term life — so you're neither dangerously under-insured nor paying for whole-life you don't need.
Modeled term-life target
10–15× annual income
Term life cost (35 yo, $1M, 20-yr)
$25–$45/mo
Long-term disability claim rate
1 in 4 before age 65
Umbrella policy ($1M)
$200–$400/yr
Buy 10–15× annual income in 20–30 year level term life if you have dependents. Whole life and universal life are sold aggressively because they pay massive commissions — the math almost never beats 'buy term, invest the difference' for ordinary households.
You're more likely to be disabled than die during your working years. Long-term disability replacing 60–70% of income is essential — group coverage through your employer is cheap, individual policies are portable but more expensive. Most professionals are dramatically under-insured here.
A $1M umbrella policy typically costs $200–$400/yr and protects against lawsuit judgments above your auto/home liability limits. Once your net worth is meaningfully above your underlying liability coverage, an umbrella is one of the cheapest and most important policies you can hold.
PeakWorth runs your plan with and without an earner — modeling the income, debts, and future goals (like college and retirement) that a death or disability would leave unfunded — using the same year-by-year deterministic simulation to age 95 that drives your FI Age.
The gap between those scenarios is the coverage you actually need, which is why the answer is usually 10–15× income in term life plus disability replacing 60–70% of pay — a number tied to your plan, not a generic multiplier. It also shows why whole-life premiums almost always set your FI Age back versus 'buy term, invest the difference.'
Generic articles can only go so far. PeakWorth runs every scenario against your real income, expenses, and goals — so you see the dollar-and-year impact of every decision before you make it.
Probably not, unless you have co-signed debt or dependents. Once you have a partner, kids, or a mortgage with a co-signer — yes.
Term, almost always. Whole life is a niche estate-planning tool, not an investment.
Aim to replace 60–70% of after-tax income through age 65.
Enough to cover the income, debts, and goals your family would lose — usually 10–15× annual income in level term. PeakWorth sizes it precisely by running your plan with and without your income and measuring the gap, rather than applying a flat rule.
Rarely for ordinary households — it's a niche estate-planning tool. The premiums are several times term cost, and PeakWorth almost always shows 'buy term, invest the difference' reaching FI sooner. Consider permanent coverage only for estate-tax or special-needs planning.
Calculators, true-cost pages, and audience playbooks across the PeakWorth network.
Built for
PeakWorth for age-gap couples
One retires first — the ACA, SS, and withdrawal math.
Built for
PeakWorth for divorced & widowed planners
A new financial life — built carefully, from here.
Decision guide
Buying a home
Rent vs buy, down payment, true cost — by the numbers.
Decision guide
Career & income decisions
Job change, equity, side income — the wealth math.
Built for
PeakWorth for life transitions
Marriage, kids, job change, inheritance — model every scenario.
Built for
PeakWorth for dual-income households
Joint planning, two careers, one optimal strategy.
PeakWorth is the financial decision engine for households — your Personal Financial Strategy OS, a real-time engine that calculates every decision's impact on your future. The Decision Hub, an AI advisor, and a live projection that show you exactly how each move shapes your wealth and your FI Age.
