17.75 in.

16 in

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11 in.5 in.

8.5 in.

.5 in

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8.5 in..75 in.

LIFE INSURANCE

Capital Needs AnalysisIdentifying the need for life insurance

Metropolitan Life Insurance Company First MetLife Investors Insurance Company200 Park AvenueNew York, NY 10166metlife.com

1209-3264 CLVL22697 L1012285626[1114]© 2012 METLIFE, INC.

MetLife Investors Distribution CompanyMetLife Investors USA Insurance Company5 Park Plaza, Suite 1900, Irvine, CA 92614

Pursuant to IRS Circular 230, MetLife is providing you with the following notification: The information contained in this document is not intended to (and cannot)

be used by anyone to avoid IRS penalties. This document supports the promotion and marketing of insurance products. You should seek advice based on your

particular circumstances from an independent tax advisor.

MetLife, its agents and representatives may not give legal or tax advice. Any discussion of taxes herein or related to this document is for general information

purposes only and does not purport to be complete or cover every situation. Tax law is subject to interpretation and legislative change. Tax results and the

appropriateness of any product for any specific taxpayer may vary depending on the facts and circumstances. You should consult with and rely on your own

independent legal and tax advisors regarding your particular set of facts and circumstances.

Like most insurance policies, MetLife’s policies contain charges, limitations, exclusions, termination provisions and terms for keeping them in force.

Guarantee Advantage Universal Life is issued by MetLife Investors USA Insurance Company on Policy Form Series 5E-34-07 and in New York only, by Metropolitan

Life Insurance Company on Policy Form Series 1E-34-07-NY. Legacy Advantage Survivorship Universal Life is issued by MetLife Investors USA Insurance Company

on Policy Form Series 5E-32-05 and in New York only, by Metropolitan Life Insurance Company on Policy Form Series 1E-32-05-NY. Equity Advantage Variable

Universal Life is issued by MetLife Investors USA Insurance Company on Policy Form Series 5E-46-06 and in New York only, by Metropolitan Life Insurance

Company on Policy Form Series 1E-46-06-NY-1. MetLife Promise Whole Life is issued by MetLife Investors USA Insurance Company on Policy Form 5E-12-10 and

in New York only, by Metropolitan Life Insurance Company on Policy Form 1E-12-10-NY. MetLife Promise Whole Life 120 is generally issued by MetLife Investors

USA Insurance Company on Policy Form 5E-12-12 and in New York only, by Metropolitan Life Insurance Company on Policy Form 1E-12-10-NY-A. Guaranteed

Level Term is issued by MetLife Investors USA Insurance Company on Policy Form Series 5E-21-04 and in New York only, by First MetLife Investors Insurance

Company on Policy Form Series 5E-21-04-NY. All are MetLife companies. All guarantees are subject to the claims-paying ability and financial strength of the

issuing insurance company. Variable products are distributed by MetLife Investors Distribution Company, 5 Park Plaza, Suite 1900, Irvine, CA 92614. Variable

products are offered through MetLife Securities, Inc. and New England Securities Corporation; both at 1095 Avenue of the Americas, New York, NY 10036

(member FINRA/SIPC). October 2012

Life Insurance Products: • Not A Deposit • Not FDIC-Insured • Not Insured By Any Federal Government Agency

• Not Guaranteed By Any Bank Or Credit Union • May Go Down In Value

Please work with your financial professional to learn more about MetLife’s Core Stories for Life.

17.75 in.16

in.

11 in.5 in.

8.5 in.

.5 in

. RA

DIU

S CO

RNER

8.5 in. .75 in.

Life.Strive to live your dreams.

Discover the flexibility of life

insurance — protect, accumulate

and transfer wealth — now and

in the future.

Be free to live life, your way.

your way SM

1

You provide so much to Your familY. if You were to die, how could that affect their financial future?

how much life insurance should You purchase to protect Your familY?

Knowing how much life insurance You need doesn’t have to be complicated. metlife can help.?

identify what you want the life insurance to provide.For example, what immediate expenses

should be covered — funeral costs,

medical expenses, mortgages? What

about ongoing living expenses — would

you want the mortgage paid off or does

your family depend on your income for

food, clothing and utilities? Are there

future expenses you want to ensure are

funded — such as a family member’s

college education or wedding, your

spouse’s retirement or elder care for

your parents?

determine how much coverage is right for your family and others who depend on you. This can be

confusing because there are literally

thousands of calculators which analyze

different assumptions and generate

significantly different results. The

important thing to recognize is that

while there is no absolutely right way

to calculate the future needs of your

family, that should not prevent you

from making this important purchase.

MetLife frequently uses several different

methods to estimate the needed

amount of coverage, depending on

the individual’s specific situation. Your

financial professional can help you

understand the basis for certain coverage

recommendations and confirm that

the analysis addresses your primary

protection concerns.

identify the type of policy that can best provide the protection needed. There are

many different types of life insurance

policies which can vary greatly in

terms of cost, duration, additional

riders available, supplemental income

potential, risk exposure and more. In

many cases, it may even be beneficial to

spread the total coverage amount over

several policies to more effectively, or

economically, meet your needs. MetLife’s

Life Insurance SelectorSM can help make

choosing a life insurance policy less

complicated by simply answering a few

brief questions.

Fundamentally, there are three steps to take when considering life insurance.

1 2 3

2

Immediate Expenses:

• Funeral

• Medical expenses

• Debt payoff

(e.g. credit cards, car loans)

• Mortgage payoff

• Legal fees and taxes

Living Expenses:

• Housing and utilities

• Daily living

(e.g. food, transportation,

clothing)

• Insurance

Future Expenses:

• College tuition

• Wedding

• Long-term care for spouse

or parent

• Spouse’s retirement

life insurance can provide coverage for:

I always knew we needed life insurance

but didn’t know how much until

our financial professional walked us

through a Capital Needs Analysis.

Now I’m confident we have the right

life insurance protection for our family.

3

4

a capital needs analysis?

A capital needs analysis can help to

determine the amount of money a family

may require following the death of a

provider. Although there are a variety of

ways in which to calculate these needs,

this strategy will help determine the

capital assets a surviving family will need

to own in order to maintain a targeted

standard of living.

a capital needs analysis can help:

• Determine how much life insurance

is needed for each provider in a

family

• Better prepare for the unexpected

• Illustrate potential gaps in current

life insurance coverage

It also provides an opportunity to

re-examine protection needs based on

life events or changes. It is important

to review your life insurance needs and

coverage on a regular basis — typically

every year or two.

A capital needs analysis focuses on

income replacement and immediate

cash needs in the event of the

premature death of an insured. If you

are interested in life insurance for the

estate, business or supplemental income

planning potential it can offer, this basic

calculation will not meet your needs.

Your financial professional can help with

a more sophisticated analysis for your

specific circumstances.

what is

5

how does a capital needs analysis work?

5

Working with your financial professional,

determine what percentage of the total

family income is needed to support the

family in the event of the premature

death of one of the providers, and the

length of time that income is needed.

(This information is all that is required for

the MetLife Life Insurance Selector.)

Your financial professional also has

access to MetLife’s Capital Needs Analysis

calculator which can help refine the basic

calculation to include such factors as:

• Income earned by your spouse

• One-time cash needs such as funeral

expenses, mortgage payoff or

college funding

• Existing family assets and life

insurance

After any one-time expenses are paid,

the family’s ongoing income needs

typically continue many years into the

future. It is important to consider how

the proposed policy’s death benefit and

other existing assets can be utilized to

provide future income. With that in

mind, we’re assuming the death benefit

proceeds and family’s other assets will

be invested to help manage this need

for the long term.

From this hypothetical portfolio, there

are essentially two ways the income

can be received. First is to withdraw

only the earnings and leave the assets

intact. In theory, this approach would

provide income as long as the portfolio

generates consistent earnings.

Second is using a portion of the

principal in conjunction with the

earnings to create an income stream.

Using this approach, the principal will

decrease over time. If the portfolio

generates consistent earnings, it may be

possible to calculate the lowest possible

contribution which will generate the

desired income for a specified number

of years. The primary risk of using this

method is that lower than anticipated

performance may result in insufficient

income.

to manage premium

costs and improve the

likelihood of meeting

income needs, many

individuals choose a

policy death benefit

in the middle.

6

hYpothetical example of capital needs analYsis1

the income come from? earnings onlY approach

where willSet aSide fundS, preServe principal, SurvivorS live off earningS only ($110,000 annually based on 5% return)

capital needed to generate desired income: $2,200,000

(Add one-time expenses)2 + 570,000

capital needed at death $2,770,000

(Less existing assets) - 780,000

death benefit: $1,990,000

Jeff’s salary $150,000

Stephanie’s salary, if applicable + 50,000

total annual family income 200,000Percentage of total annual family income necessary to continue standard of living x 80%

actual annual income needed to maintain standard of living 160,000

Surviving provider’s salary - 50,000

annual income to be replaced $110,000

77

earnings onlY approach

liquidation approach

It is important to know which method you prefer, so that a proper plan can be

designed to meet your family’s needs.

LOW

$1,229,385

HIGH

$1,990,000

liquidation approach

1 This hypothetical is for illustration purposes

only, actual results will vary. These calculations

assume a 5% return on assets. The rate of return

is hypothetical, selected by clients and based

on what they believe is reasonable for their risk

tolerance.

2 Paying off debts, final expenses and college

funding needs may all be considered one-time

expenses.

liquidate aSSetS over a period of yearS ($110,000 annually for 20 years assuming 5% return)

capital needed to generate desired income $1,439,385

(Add one-time expenses)2 + 570,000

capital needed at death $2,009,385

(Less existing assets) - 780,000

death benefit $1,229,385

suggested life insurance range

a capital needs analysis is a useful

tool to help determine the life

insurance needed to care for surviving

family members. it is important for

individuals to work with their financial

professional to identify the various

insurance solutions best suited for their

unique needs.

8

there are concepts that focus on helping you or your business:

• Create financial protection for your family

• Grow equity which can help to preserve

your lifestyle, and

• Leave a legacy to the ones you love

Life insurance is a flexible product that offers

death benefit protection and may also offer

an opportunity to save for your own future.

Evaluating all available financial opportunities

may help you reach your financial goals. Life

insurance is one of those opportunitie providing

protection for today and helping prepare for

tomorrow.

This material is part of a series of financial strategies using life insurance named Core Stories for Life. These materials are designed to aid you and your financial professional in understanding the benefits of life insurance as a key financial asset within your overall portfolio.

Core Stories for life.

17.75 in.

16 in.

11 in

.5

in.

8.5 in.

.5 in. RAD

IUS CO

RNER

8.5 in. .75 in.

LIFE INSURANCE

Capital Needs AnalysisIdentifying the need for life insurance

Metropolitan Life Insurance Company First MetLife Investors Insurance Company200 Park AvenueNew York, NY 10166metlife.com

1209-3264 CLVL22697 L1012285626[exp1114]© 2012 METLIFE, INC.

MetLife Investors Distribution CompanyMetLife Investors USA Insurance Company5 Park Plaza, Suite 1900, Irvine, CA 92614

Pursuant to IRS Circular 230, MetLife is providing you with the following notification: The information contained in this document is not intended to (and cannot) be used by anyone to avoid IRS penalties. This document supports the promotion and marketing of insurance products. You should seek advice based on your particular circumstances from an independent tax advisor.

MetLife, its agents and representatives may not give legal or tax advice. Any discussion of taxes herein or related to this document is for general information

purposes only and does not purport to be complete or cover every situation. Tax law is subject to interpretation and legislative change. Tax results and the

appropriateness of any product for any specific taxpayer may vary depending on the facts and circumstances. You should consult with and rely on your own

independent legal and tax advisors regarding your particular set of facts and circumstances.

Like most insurance policies, MetLife’s policies contain charges, limitations, exclusions, termination provisions and terms for keeping them in force

Guarantee Advantage Universal Life is issued by MetLife Investors USA Insurance Company on Policy Form Series 5E-34-07 and in New York only, by Metropolitan

Life Insurance Company on Policy Form Series 1E-34-07-NY. Legacy Advantage Survivorship Universal Life is issued by MetLife Investors USA Insurance Company

on Policy Form Series 5E-32-05 and in New York only, by Metropolitan Life Insurance Company on Policy Form Series 1E-32-05-NY. Equity Advantage Variable

Universal Life is issued by MetLife Investors USA Insurance Company on Policy Form Series 5E-46-06 and in New York only, by Metropolitan Life Insurance

Company on Policy Form Series 1E-46-06-NY-1. MetLife Promise Whole Life is issued by MetLife Investors USA Insurance Company on Policy Form 5E-12-10 and

in New York only, by Metropolitan Life Insurance Company on Policy Form 1E-12-10-NY. MetLife Promise Whole Life 120 is generally issued by MetLife Investors

USA Insurance Company on Policy Form 5E-12-12 and in New York only, by Metropolitan Life Insurance Company on Policy Form 1E-12-10-NY-A. Guaranteed

Level Term is issued by MetLife Investors USA Insurance Company on Policy Form Series 5E-21-04 and in New York only, by First MetLife Investors Insurance

Company on Policy Form Series 5E-21-04-NY. All are MetLife companies. All guarantees are subject to the claims-paying ability and financial strength of the

issuing insurance company. Variable products are distributed by MetLife Investors Distribution Company, 5 Park Plaza, Suite 1900, Irvine, CA 92614. Variable

products are offered through MetLife Securities, Inc. and New England Securities Corporation; both at 1095 Avenue of the Americas, New York, NY 10036

(member FINRA/SIPC). October 2012

Insurance Products Are: • Not A Deposit • Not FDIC-Insured • Not Insured By Any Federal Government Agency

• Not Guaranteed By Any Bank Or Credit Union • May Go Down In Value

Please work with your financial professional to learn more about MetLife’s Core Stories for Life.

17.75 in.

16 in

.

11 in.5 in.

8.5 in.

.5 in

. RA

DIU

S CO

RNER

8.5 in..75 in.

LIFE INSURANCE

Capital Needs AnalysisIdentifying the need for life insurance

Metropolitan Life Insurance Company First MetLife Investors Insurance Company200 Park AvenueNew York, NY 10166metlife.com

1209-3264 CLVL22697 L1012285626[1114]© 2012 METLIFE, INC.

MetLife Investors Distribution CompanyMetLife Investors USA Insurance Company5 Park Plaza, Suite 1900, Irvine, CA 92614

Pursuant to IRS Circular 230, MetLife is providing you with the following notification: The information contained in this document is not intended to (and cannot)

be used by anyone to avoid IRS penalties. This document supports the promotion and marketing of insurance products. You should seek advice based on your

particular circumstances from an independent tax advisor.

MetLife, its agents and representatives may not give legal or tax advice. Any discussion of taxes herein or related to this document is for general information

purposes only and does not purport to be complete or cover every situation. Tax law is subject to interpretation and legislative change. Tax results and the

appropriateness of any product for any specific taxpayer may vary depending on the facts and circumstances. You should consult with and rely on your own

independent legal and tax advisors regarding your particular set of facts and circumstances.

Like most insurance policies, MetLife’s policies contain charges, limitations, exclusions, termination provisions and terms for keeping them in force.

Guarantee Advantage Universal Life is issued by MetLife Investors USA Insurance Company on Policy Form Series 5E-34-07 and in New York only, by Metropolitan

Life Insurance Company on Policy Form Series 1E-34-07-NY. Legacy Advantage Survivorship Universal Life is issued by MetLife Investors USA Insurance Company

on Policy Form Series 5E-32-05 and in New York only, by Metropolitan Life Insurance Company on Policy Form Series 1E-32-05-NY. Equity Advantage Variable

Universal Life is issued by MetLife Investors USA Insurance Company on Policy Form Series 5E-46-06 and in New York only, by Metropolitan Life Insurance

Company on Policy Form Series 1E-46-06-NY-1. MetLife Promise Whole Life is issued by MetLife Investors USA Insurance Company on Policy Form 5E-12-10 and

in New York only, by Metropolitan Life Insurance Company on Policy Form 1E-12-10-NY. MetLife Promise Whole Life 120 is generally issued by MetLife Investors

USA Insurance Company on Policy Form 5E-12-12 and in New York only, by Metropolitan Life Insurance Company on Policy Form 1E-12-10-NY-A. Guaranteed

Level Term is issued by MetLife Investors USA Insurance Company on Policy Form Series 5E-21-04 and in New York only, by First MetLife Investors Insurance

Company on Policy Form Series 5E-21-04-NY. All are MetLife companies. All guarantees are subject to the claims-paying ability and financial strength of the

issuing insurance company. Variable products are distributed by MetLife Investors Distribution Company, 5 Park Plaza, Suite 1900, Irvine, CA 92614. Variable

products are offered through MetLife Securities, Inc. and New England Securities Corporation; both at 1095 Avenue of the Americas, New York, NY 10036

(member FINRA/SIPC). October 2012

Life Insurance Products: • Not A Deposit • Not FDIC-Insured • Not Insured By Any Federal Government Agency

• Not Guaranteed By Any Bank Or Credit Union • May Go Down In Value

Please work with your financial professional to learn more about MetLife’s Core Stories for Life.