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| PART I. LUMP SUM |
| Liabilities |
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Death Expenses.
Burial, funeral, and estate settlement expenses. Typically the greater of
$10,000 or 4% of estate. |
More
info
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Outstanding
Mortgage(s). Amount of
mortgage to be paid at death. |
More
info |
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College.
Total estimated college costs needed today. Calculate College Costs
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Personal Debts.
All personal debts such as car loans, credit cards, etc. |
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Other.
Emergency fund and any other lump sum expenses not
provided above.
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More
info
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0 |
Total.
Lump Sum Liabilities
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More
info
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| Assets |
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Current
Investments. The current value of
investments and bank accounts (e.g. mutual funds, savings accounts, etc.) |
More
info |
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Current Life
Insurance. The total current death benefit coverage
on your life.
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More
info |
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Lump Sum Pension Amount.
Contact pension plan documentation or plan administrator to determine
the amount (if any) that would be paid as a lump sum. |
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Other.
Other assets that will be sold or received to provide money for
supporting the beneficiary.
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More
info |
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0 |
Total.
Lump Sum Assets
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| PART II. INCOME |
| Liabilities |
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Annual Target
Life Income for Beneficiary. Desired
annual income to support your beneficiary's living expenses.
Beneficiary's
age today.
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More
info |
| Assets |
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Annual (SBP) Income (if
applicable). For SBP explanation, contact Navy Mutual Aid
Association at 1-800-628-6011.
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Annual Social Security Income
(if applicable). Contact the Social Security Administration
at www.ssa.gov to obtain a statement
on survivor benefits. |
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Pension Annual Income.
Contact pension plan documentation or plan administrator to determine
the amount (if any) that would be paid annually. |
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Other Annual
Income. Beneficiary's annual income and
miscellaneous annual investment income (rental income, survivor annuities,
etc.)
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More
info |
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0 |
Total.
Annual Income Assets
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0 |
Total.
Annual Income Needed
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0 |
Lump Sum needed today to provide your beneficiary with a life income..
This lump sum has been calculated assuming that the needed income is paid out through NMAA's Monthly Life Income settlement option with a Five Year Period Certain. This value may be lowered if you find that your beneficiary's need for income is for a shorter period of time.
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Additional Life Insurance Needed Today
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