How Much Life Insurance Should We Get? 
A quick answer to this question is 7 to 10 your income but I use a calculated method with my clients that will be more precise . I use what is known as the DIME method to determine the correct face amount for a client . The D stands for debt & death , the amount needed to pay off all debt such as credit cards , small loans , automobiles , etc. . I represents income replacement , the amount needed to replace a monthly income for a minimum of 10 years . M is the mortgage payoff . E stands for education for the kids which I use $ 64,500 per child for a 4-year education . This is the only one that I may leave off if there is a budgetary concern . When we do the math the insurance need is fully funded . The DIME method is the most accurate way to determine the right amount of life insurance a person needs . 