How Much Life Insurance Do You Need?

Dan writes, love the show. I'd like your input on where we my wife and i are where we want to be,. ok? Income of 60 thousand dollars. Wife is at home, new home purchased april of this year. They've got eight or ten grand in retirement. Two thousand dollars in an education account for a daughter. Student loans about 80 thousand in student loans combined. Cash reserves, 20 grand wills, term life insurance. Just starte contributing to a ro four o one k through work matches 50 % of the first five%. So i put in five percent. That has just over two thousand dollars. My wife makes up the other six thousand or so in an old