Calculating need for disability income insurance. Use worksheet 9.2. Andre Arreola, a 35-year- old computer programmer, earns $76,000 a year. His monthly take home pay is $3,800. His wife, Justine, works part-time at their children’s elementary school but receives no benefits. Under state law, Andre employer contributes to a workers’ compensation insurance fund that would provide $2,250 per month for six months if he were disabled and unable to work.
Use worksheet 9.2 to calculate Andre’s disability insurance needs assuming that he won’t qualify for Medicare under his Social Security benefits.