How much disability income insurance do I need?

Your chances of becoming disabled are far greater than your chances of dying. It may surprise you that in June of 2025, there were 7.1 million disabled workers below retirement age receiving Social Security insurance benefits due to a disability. Source: Social Security Administration, Fact Sheet July 2025

Monthly Income (if disabled)

Spouse's after-tax income ?

$

Your spouse's take-home pay that would continue if you became disabled.

Investment income ?

$

Dividends, interest, or rental income you'd still receive.

Group/Individual disability income ?

$

Benefits you'd already receive from an employer plan or an individual policy.

Advanced options 1

Other monthly income ?

$

Any other income that would continue during a disability.

Monthly Expenses

Mortgage or rent ?

$

Your monthly housing payment.

Food ?

$

Groceries and household food spending.

Utilities ?

$

Electricity, water, gas, phone, and internet.

Transportation ?

$

Car payments, fuel, insurance, and transit costs.

Loan repayments ?

$

Monthly payments on personal, auto, or student loans.

Advanced options 5

Clothing ?

$

Typical monthly spending on clothing.

Education/Tuition ?

$

School, tuition, or other ongoing education costs.

Medical/Personal Care ?

$

Out-of-pocket healthcare and personal care costs.

Insurance premiums ?

$

Life, health, or other insurance premiums you pay monthly.

Other expenses ?

$

Any other regular monthly expenses not listed above.

Enter your values and select Calculate.

The additional disability income figure shows the gap between what you'd need to cover your monthly expenses and what you'd actually have coming in if you became unable to work. It does not include savings you might draw down, changes in spending during a disability, or taxes on any new benefit — it's a starting point for sizing coverage, not a final number.

Two things move this result the most: your group or individual disability income, and the size of your monthly expenses. A larger existing benefit shrinks the gap; a smaller expense list does too, but only if those expenses are accurate and realistic for a period without full income.

This calculator doesn't account for inflation, tax treatment of disability benefits, cost-of-living increases, or how long a disability might last. Bring this figure to an insurance agent or financial advisor when comparing policy quotes, and revisit it whenever your income, expenses, or existing coverage changes — a new mortgage, a raise, or a policy renewal are all good reasons to run it again.

Having even a rough number here puts you ahead of most people, who never work this out at all. Small adjustments to coverage or expenses now can make a real difference if you ever need to rely on it.

This information may help you analyze your financial needs. It is based on information and assumptions provided by you regarding your goals, expectations and financial situation. The calculations do not infer that the company assumes any fiduciary duties. The calculations provided should not be construed as financial, legal or tax advice. In addition, such information should not be relied upon as the only source of information. This information is supplied from sources we believe to be reliable but we cannot guarantee its accuracy. Hypothetical illustrations may provide historical or current performance information. Past performance does not guarantee nor indicate future results.