A Simple Formula......
Figuring out how much Life Insurance you need doesn't have to be difficult.
Be wary of complicated formulas.

The goal is to make sure that your family is provided for in the
same manner they were accustomed to while you were alive.

Here is the simple formula I give my clients; if you make $50,000 a year, and you purchase a $500,000 insurance policy and that money is invested at 10%, it will produce an income of $50,000 a year in interest without touching the principal. If you feel that you can't get a 10% return, then adjust the formula. Or better yet, contact us and we will discuss the various programs we have that offer 10 or more percent. There is no federal taxation on money received from an insurance policy, however there is tax on the growth. Simple, isn't it?

Ten Times Your Salary