Estimate how much life insurance your family needs using the DIME method, income replacement, and the 10x rule.
Recommended Coverage
$1,065,000
Balanced estimate across methods
DIME Total
$1,815,000
Income Replacement
$1,050,000
10x Rule of Thumb
$750,000
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How to read these numbers
The DIME method is the most thorough approach and is recommended by most financial planners. Income replacement alone is a simpler starting point. Use the recommended result as a minimum and consider adding a buffer for inflation and unexpected costs.
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Results are estimates only and should not be considered professional insurance advice. Always consult a licensed insurance advisor before making coverage decisions.