The Life and Health Insurance Foundation for Education has unveiled a Lifetime Earnings Calculator tool in an effort to get consumers to think about income protection.
LIFE, Arlington, Va., has posted the calculator at http://www.lifehappens.org/earningscalculator
LIFE also released results from a recent survey of 1,007 U.S. adults.
Only 47% said they expect to earn a total of more than $1 million over the course of their careers, but census figures suggest 84% will earn more than $1 million, LIFE says.
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LIFE commissioned survey and created the earnings calculator tool in connection with Disability Insurance Awareness Month, a disability insurance industry marketing campaign.
In related news:
- CIGNA Corp., Philadelphia, participated in the disability awareness month campaign by releasing results of a survey of 742 U.S. residents with full-time jobs.