Jason earns $50,000 per year. If he uses the income-multiple method to estimate his life insurance needs, he will need approximately what range of life insurance?

Name: Jason earns $50,000 per year. If he uses the income-multiple method to estimate his life insurance needs, he will need approximately what range of life insurance?
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The income-multiple method typically suggests having life insurance coverage equal to 5 to 10 times one's annual income. For Jason, this would be $250,000 to $500,000.

Jason Earns $50,000 Per Year