How much life insurance do I need?

A common rule of thumb is to carry 10–12 times your annual income, but the right amount depends on your debts, income replacement needs, and future expenses like college tuition. The DIME method — adding up your Debt, Income (10 years), Mortgage balance, and Education costs — gives a more personalized estimate. Online calculators can help, but speaking with a licensed agent ensures you account for your full financial picture.