Disability Insurance Needs Calculator
Estimate the monthly disability benefit you should carry after other income and benefits.
Your income and benefit numbers stay on this page — never sharedTry: Gross monthly income=5000, Replacement ratio=65, Existing benefits/mo=0, Passive income/mo=0, Waiting period (days)=90, Monthly expenses=3500 → $3,250, $0, $0, $3,250, $315,000
How to use
Enter your gross monthly income and the share you want to replace (most people aim for 60–70%). The calculator subtracts benefits you already have and adds an emergency fund for the waiting period before claims pay.
FAQ
Why replace 60–70%?
Disability policies are paid from after-tax dollars, so a smaller percentage of gross usually matches your take-home pay.
What is the waiting period for?
It is the gap between becoming disabled and the first cheque; your emergency fund should cover that many months of expenses.