In this example we are looking for life insurance for the man. The analysis is the same. The first column in our analysis represents some questions a financial planner might ask. These responses do not imply as much bias on my part as my flippant headings imply. There are no right or wrong answers.
Responses are a very individual thing.
And because there are no right or wrong answers, it can make agreeing on the answers hard for the family. There will be legitimate differences of opinion. Despite the differences of opinion it needs to be a family, at least a husband and wife, decision. After all, it is the survivors who must live with the consequences of the decision. Annual cost for staying in current home including mortgage, taxes, insurance, maintenance, utilities, etc.