How much term life insurance should you have to provide your family with $75,000 per year pretax for general expenses for 40 years, plus immediately pre-fund two $100,000 college accounts for your two children in the event of your death. Assume your death benefit could be invested at 6% per year for the entire period.

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Step 1 Requirement is 75000 per year plus 200000 now So how much amou... View the full answer