Whole vs Term Life Insurance Calculator

Compare whole life and term insurance scenarios by premium, cash value, fees, tax drag, and stress case.

Korea-related planning note

This English page is a planning estimate. If the topic involves Korean taxes, pensions, insurance, loans, or public programs, confirm the current Korean rules, limits, and eligibility before acting.

Scenario inputs

Adjust the assumptions to compare gross value, cost drag, tax drag, and downside value.

Net ending value

$326,059

Gross value before drag

$402,158

Estimated tax

$5,784

Fee and tax drag

$76,099

Total contributions

$274,000

Net gain

$52,059

19%

Downside value

$244,545

Scenario readout

Stress case can fall below contributions

This comparison uses simplified assumptions so alternatives can be reviewed on the same after-cost basis.

Related calculators

Compare on a net basis

Use the same horizon, tax drag, fees, and stress case across alternatives so the comparison is not driven by inconsistent assumptions.

Check practical constraints

Liquidity, eligibility, contribution limits, product availability, and household cash flow can matter as much as the projected ending value.