Each year we make New Year’s resolutions to get our financial affairs in order. However, in the process many of us fail to reevaluate a very important aspect of our finances: life insurance. Make this year the year to truly organize your finances to a place where you are comfortable knowing your family will always [...]
SECTION 1 Total annual income your family would need if you died today What your family needs, before taxes, to maintain its current standard of living. (Typically between 60% and 75% of total income) Annual income your family would recieve from other sources Dividends, interest income, spouse’s earnings (social security may be available). Income to [...]