tag:blogger.com,1999:blog-23550078.post116399049054892470..comments2023-09-29T08:04:32.799-05:00Comments on makingourway: how much life insurance is really necessary?makingourwayhttp://www.blogger.com/profile/13748811641577990850noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-23550078.post-1163992895737544952006-11-19T21:21:00.000-06:002006-11-19T21:21:00.000-06:00I carry enough life insurance to pay off the mortg...I carry enough life insurance to pay off the mortgage and survivor income insurance. With Social Security benefits for a widow with children, that will let my spouse continue the same lifestyle we've always had. <BR/><BR/>We carry only small amount on my spouse (for funeral expenses) since we are a single income family. The assumption is that I don't need any additional income.<BR/><BR/>I think your finacial advisor has a good point. For reference, my life insurance portion is for two times my income, which I think is sufficient given Social Security and survivor income insurance.Super Saverhttps://www.blogger.com/profile/11172939501208456194noreply@blogger.com