How much life insurance do I need?

InsuranceWarren TeamPublished April 25, 2026

Quick answer

A common rule: 10× your annual income, plus enough to pay off the mortgage and fund any kids' college. For an $80,000 earner with two kids and a mortgage, $750K–$1.5M of term life is the typical range.

Life insurance need calculation: income × 10 plus mortgage plus college.

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