👉 In our world, where words are as funny as they are bold and wild, "How Much Life Insurance Do I Need?" is a question that has been asked countless times but never quite answered with the same irony or absurdity.
Imagine this scenario: You find yourself in a crowded shopping mall, trying to decide how much life insurance to purchase for your elderly parents. To simplify matters, we'll call it "The Decision." As you wander around, the air is filled with the sounds of old folks talking to each other and passing on their wisdom. Suddenly, a strange man approaches you, wearing an old-fashioned suit that makes him look even more mysterious. "You know, the decision about how much life insurance you need can be as complicated as finding your way through a maze," he says. "The first question is: How much do I want my parents to live on after they're gone? Then comes the second one: How much do I want them to get covered by an insurance policy?" You find yourself with two options: To go ahead and purchase life insurance for both of your parents, or to consider whether you'd rather have more money in a retirement account than be left with less when it's needed. You ponder these questions for a moment before making the decision. Your mind races with possibilities as you think about how much money you would need to set aside each year. It seems like there are no answers, but instead of settling on a single figure, you decide to go even further
