How Much Life Insurance Do You Actually Need?

Most people either guess way too high or skip life insurance altogether because the whole thing feels overwhelming. It doesn't have to be. With a few honest numbers, you can land on a coverage amount that actually fits your family.

A simple starting point is what advisors call DIME: Debt, Income, Mortgage, and Education. Add up what you owe, the income your family would need to replace, your remaining mortgage, and what you'd want set aside for your kids' education. That total is a realistic picture of what your family would need if you weren't there to provide it.

The coverage offered through your employer is a nice benefit, but it's rarely enough on its own — and it usually disappears when you change jobs. A personal policy stays with you and can be built around your real obligations.

The good news? Term life insurance is far more affordable than most people think, especially when you're young and healthy. A healthy 35-year-old can often cover their family for far less than the cost of a streaming bundle each month.

We'll help you work through the numbers, compare term and whole life honestly, and choose an amount that protects the people who depend on you — without paying for coverage you don't need. It's a short conversation that can bring real peace of mind.