Lisa LiveLong has a stay-at-home husband taking care of her three kids aged 5, 7, and 9.
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Lisa LiveLong has a stay-at-home husband taking care of her three kids aged 5, 7, and 9. They live in a $400,000 home with a $250,000 mortgage. Lisa makes $150,000 a year but hopes to send all three children to college when they are 18yrs old. College is forecast to cost $20,000 a year. How much insurance does Lisa NEED and how much does she ultimately WANT?
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Most of the insurance companies say a reasonable amount for life insurance is six ... View the full answer
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