It's a question financial advisers hear often: How much life insurance do I need?
The question is not as easy as it sounds. A lot depends on how many survivors
you're protecting, their ages and needs and what other assets you have.

One rule of thumb is to purchase a policy that will pay all of your current debt
(especially your mortgage, if any) and replace your annual income for at least
five years. That number may increase if you have college-bound children, your
surviving spouse has special needs or other circumstances require additional
funding.

Sound like too much insurance? Ask yourself: Would I trade all my future
paychecks for the face amount of life insurance I now own? That's the position
your family will be in if you die today.

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