Disability Insurance Needs Calculator
Compute monthly benefit needed: typically 60-70% of gross income, less Social Security DI.
Result
Private disability benefit needed
$3,700/mo
65% of income, less expected SSDI.
- Gross income$8,000/mo
- Target replacement65% = $5,200/mo
- Expected SSDI$1,500/mo
- Private DI gap$3,700/mo
- Annual benefit$44,400
Step-by-step
- Replacement target: 8,000 × 0.65 = $5,200/mo.
- Less SSDI: $5,200 − $1,500 = $3,700/mo private DI needed.
How to use this calculator
- Enter your monthly gross income.
- Pick a replacement target (65% is typical).
- Subtract estimated SSDI to find the private gap.
About this calculator
Disability insurance replaces income if you can't work. Typical target: 60-70% of gross income (after-tax this is roughly your usual take-home). Subtract estimated Social Security Disability Insurance (SSDI) to find the gap a private policy needs to fill. SSDI is hard to qualify for — many planners ignore it for safety.
Frequently asked
Own-occupation pays if you can't do your specific job. Any-occupation pays only if you can't do any work. Own-occ is much more valuable for high earners; any-occ is cheaper.
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