Forget the 10x Rule: How Much Life Insurance Do You Actually Need?

How much life insurance do you actually need? You may have heard rules like “10 times your income” or “enough to pay off the mortgage.” Those can be useful starting points, but they don't account for your actual life. In this Client Classroom, I walk through a more personal way to think about your life insurance needs: the financial gap you would leave behind. We cover income replacement, debt and mortgage obligations, future goals like education, existing savings and insurance, and why the length of time you need coverage matters just as much as the dollar amount. Because two people earning the exact same salary can have completely different life insurance needs. Don't start with a number. Start with your life. If you would like help in creating your calculation, schedule a meeting here: https://app.greminders.com/c/johncaserta #ClientClassroom #lifeinsuranceawarenessmonth #lifeinsurancetips #financialeducation #retirement