How Much Life Insurance Do I Need? 
Video Transcript : Today 's question is , `` How much life insurance do I need ? '' Well , you need to take all your financial obligations in indebtedness , all your future obligations like college , retirement , other areas that you think that you want to talk about or even charitable intent . You need to take all those totals , plus the loss of income . Because if I 'm not there to generate income , what happens to my spouse or my family ? I need to be able to generate income for them to live on . So what I 'm looking at , all the ideas of `` How much do I need ? '' I want to take all these areas into consideration ; financial indebtedness , future obligations , maybe some charitable intent , and to replace the income from the person who 's died . Well , that 's our consumer question for today . If you have any questions , just submit them to www.insurancelibrary.com . 