Curious to know if anyone is willing to share — particularly those with kids and a large disparity between your income and your spouse’s — how much life insurance do y’all have?
Right now I have a $1M 30 year policy (plus some coverage and stuff through work that probably adds up to another $1M or so in value for my heirs), but I’m starting to feel like this is way too little.
@pganssle No kids, but enough to pay off the mortgage and a bit extra; $750K .
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@brettcannon Is that in addition to a group policy through work?
Not that it doesn’t seem like a reasonable amount of insurance (particularly with no kids), just curious.
@pganssle I believe there's insurance for a year's salary? I only know the $750K because I renewed my benefits plan in Feb and that's the number under my direct control.