How Much Life Insurance Do We Need?
Jill on Money with Jill Schlesinger
Audacy
4.6 • 1.9K Ratings
🗓️ 5 November 2023
⏱️ 11 minutes
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Summary
After hearing about all the rules of thumb, I'm trying to figure out how much life insurance we need.
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Transcript
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| 0:00.0 | Welcome to the Jill on Money Show. It's Sunday, November 5th. And good luck if you're running the New York |
| 0:09.9 | Marathon today. Ooh, gosh, bless your hearts because boy, that is something else running 26.2 miles. |
| 0:15.7 | I always wanted to do that. And I'm sure I never will, because the old body gave out before the desire |
| 0:22.1 | to get that done kicked in. Anyway, yeah, we really do appreciate every one of you who listens, |
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| 1:11.8 | Well, thanks a much for having me on, gentlemen, big fan of the show. |
| 1:14.2 | Love your book, and thanks for all you do. |
| 1:16.2 | I have a question about life insurance. |
| 1:18.7 | Kind of two things prompted May. |
| 1:20.4 | One was your policy genius reads at the beginning of the shows. |
| 1:24.3 | And two, you know, you've had some calls over the last couple months where people are doing their financial rundown. |
| 1:29.5 | They mentioned they have X dollar life insurance and you'd say, hey, I think you need a little more. |
| 1:34.2 | So my question is, how do you determine how much a person should get? |
| 1:38.2 | I'm curious how much you think for both my wife and I. |
| 1:41.5 | I've done some internet research that kind of has that 10 times income, other factors, but one of your expert opinion on |
| 1:48.5 | the matter. |
| 1:49.3 | Okay. |
... |
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