Life Insurance
How much Life Insurance should a married couple have with no debt and $500, 000 in cash and savings with a pension and social security.
Terry Says
Depends on their ages, their ability to continue to work, their lifestyle, and so much more.
Ask yourself: “how long could he (or she) keep living like this if it weren’t for the insurance proceeds?” That’s the way to frame the discussion of “how much” life insurance.