1. What’s Next for Your Personal Financial Plan?

Survey several people to determine their reasons for buying life insurance.

Talk to an insurance agent to compare the rates charged by different companies and for different age categories.

Purpose: To estimate life insurance coverage needed to cover expected expenses and future family living costs.
Financial Planning Activities: Estimate the amounts for the categories listed below. This sheet is also available in an Excel spreadsheet format in Connect Finance.
Suggested Websites: www.insure.com, www.kiplinger.com/tools/

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Household expenses to be covered Final expenses (funeral, estate taxes, etc.) Payment of consumer debt amounts 1 $ 2$