Don and Diane are updating their financial plan and are concerned that they might not have enough life insurance coverage for their family,which includes two children,ages 5 and 9.They have determined that their annual income is $65,000 and their net worth is now $150,000.Using the "nonworking" spouse method,calculate the amount of life insurance they should carry.

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The Answer of Don and Diane are updating their financial plan and are concerned that they might not have enough life insurance coverage for their family,which includes two children,ages 5 and 9.They have determined that their annual income is $65,000 and their net worth is now $150,000.Using the "nonworking" spouse method,calculate the amount of life insurance they should carry.

Don and Diane Are Updating Their Financial Plan and Are