I sleep better at night knowing my family's protected until I'm 57
for $750,000. This policy was in addition to the 30-year, $250,000 policy I bought in my late 20s, meaning I now have $1 million in term life insurance coverage that will last until I'm 57.
But I still feel that $1 million in life insurance coverage is more than justified for us right now. And really, I don't regret buying $1 million in coverage for myself at all.If you're wondering how much life insurance you should buy, it's smart to play around with a life insurance calculator that considers your income, your age, and other factors. Once you run the numbers, you may be shocked — and even horrified — at what you find.
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