Let’s do a quick exercise that calculates how much insurance may be right for you. Figuring out the number is not as tricky as you may think. Use this calculator to see how close or far off you are from the number in your head. (We all have a number in our head!) Everyone’s situation is different, and needs change, so this is a baseline analysis that can be customized for you. A starting point, and after all, we have to start somewhere.
The first things that would come out are Final Expenses, Debt, Mortgage, and Education (current or future). The balance is then the income that needs to be replaced for your family to maintain their standard of living.
To make it even simpler for you, we designed our very own Divine Life Insurance Calculator to give you an idea of what your total suggested life insurance could be.
Grab your journal to reflect on what you've discovered this week.
How did this week’s content & action make you feel?
DIVINE ASSET MANAGEMENT LLC
39 Broadway, 36th Floor, NY, NY 10006
tel 212 344 5867 fax 212 509 5867
Dani Hughes & Valerie Sanchez
Co-Creators of Divine WealthWise Exchange