$28$ Benjamin has two yourg children and his wife passed away a few months ago. Benjamin earns an annual income of $$55,000$ after taiz. He currertiy an annuity contract. Benjamin's father named him as the income beneficiary of a testamentary trust that will be se$\text{'}$ up as per his will. His father is $78$ years, old and healtary$-$ Ban expects to get an income of $$2,800$ a month from the trust once it is set up$.$ His family's living expenses $$re $$4,000$ per month.

Benjamin has no disability insurance coverage and would like to know his income replacement needs to manage his monthly expenses in the event of his disability. Which of the following is true with regard to Benjamin's situation?