500k me
500k wife
plus the coverage from our employers.
I have 2X salary from employer at no cost and wife has 1X at no cost. The employer money pays off short term debts (like cars) and frees up some cash flow in budget.
The 500k can sit in bank, earn 4% and we probably would not need to draw the money down until kids either went to private HS or college.
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- General questions get general responses. Specific questions get better responses. Want a better answer? Re-read my signature LOL
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