Human Life Value (HLV) Calculator
The economic value of your future earnings to your family — the income-replacement basis for sizing a life-insurance cover.
Formula
Human Life Value is the present value of the income you would have earned and spent on dependants over your remaining working life. It is the actuarially sound way to decide a life-cover sum assured — far better than the rough '10× income' rule of thumb, because it accounts for income growth, the time value of money and how much you actually consume yourself. Subtract personal expenses (only the part of your income that supports others needs replacing). A young earner with decades ahead has a far higher HLV than someone near retirement, so cover needs fall as you age and build assets.
Educational estimate, not financial or insurance advice. Consult a licensed advisor. Not financial advice — for informational and analytical use only. Verify all figures with a qualified professional before acting on them.
Need human life value calculator results fast? Analysts, founders, traders and finance professionals use the Human Life Value Calculator to skip the spreadsheet and get a defensible answer in one step — free, private and instant.
About Human Life Value (HLV) Calculator
The economic value of your future earnings to your family — the income-replacement basis for sizing a life-insurance cover. Human Life Value is the present value of the income you would have earned and spent on dependants over your remaining working life. It is the actuarially sound way to decide a life-cover sum assured — far better than the rough '10× income' rule of thumb, because it accounts for income growth, the time value of money and how much you actually consume yourself. Subtract personal expenses (only the part of your income that supports others needs replacing). A young earner with decades ahead has a far higher HLV than someone near retirement, so cover needs fall as you age and build assets. The governing relationship is HLV = N × [1 − ((1+g)/(1+r))ⁿ] / (r − g), N = income − self-expense. The Human Life Value Calculator computes entirely in your browser — free, private (your figures never leave your device) and instant, recalculating live as you change any input.
How to use Human Life Value (HLV) Calculator
- 1Enter Current annual income (₹), Annual amount spent on self (₹), Expected income growth (%), Discount rate (%), Working years remaining (yrs) into the Human Life Value Calculator.
- 2The result is computed automatically using HLV = N × [1 − ((1+g)/(1+r))ⁿ] / (r − g), N = income − self-expense — there is no button to press.
- 3Change any input to model a different scenario, then copy or share the result.
Why use Human Life Value (HLV) Calculator?
- ✓Computes human life value calculator instantly with the correct formula — no spreadsheet needed
- ✓100% free and unlimited, with no sign-up, login or paywall
- ✓Runs entirely in your browser, so the figures you enter stay private
- ✓Shows the formula, a live worked example and references so you can defend the number
Frequently asked questions
What is the formula behind the Human Life Value Calculator?+
Human Life Value Calculator uses HLV = N × [1 − ((1+g)/(1+r))ⁿ] / (r − g), N = income − self-expense. Human Life Value is the present value of the income you would have earned and spent on dependants over your remaining working life. The tool substitutes your actual inputs into this relationship and shows the worked example step by step.
What inputs does the Human Life Value Calculator need?+
Enter Current annual income (₹), Annual amount spent on self (₹), Expected income growth (%), Discount rate (%), Working years remaining (yrs) and the result updates immediately — there is no button to press. Change any value to model a different scenario in real time.
Is the Human Life Value Calculator free, and is my data private?+
Yes — it is completely free with no sign-up or usage limit, and it runs entirely in your browser, so the numbers you enter are never uploaded or stored on any server. Educational estimate, not financial or insurance advice. Consult a licensed advisor. It is for informational and analytical use, not financial advice.
What should I watch out for when using the Human Life Value Calculator?+
It is the actuarially sound way to decide a life-cover sum assured — far better than the rough '10× income' rule of thumb, because it accounts for income growth, the time value of money and how much you actually consume yourself. Subtract personal expenses (only the part of your income that supports others needs replacing). A young earner with decades ahead has a far higher HLV than someone near retirement, so cover needs fall as you age and build assets.
What is the Human Life Value Calculator based on?+
The method follows authoritative sources: Human Life Value method — S. S. Huebner (life-insurance economics). The formula and references are shown on the page so you can verify and cite the result.
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