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Barry has an annual salary of $85,000 and he plans on working for the next 32 years. He is concerned that should he die unexpectedly

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Barry has an annual salary of $85,000 and he plans on working for the next 32 years. He is concerned that should he die unexpectedly his family would face grave hardship. Barry's wife Becky is a stay-at-home mom for the twins Beth and Bobby. If the market rate for investments of this sort is 6%, Barry's tax bracket is 22% and inflation is projected to be at 1.5%, how much life insurance should Barry purchase using the Human Life Value method of calculation? Barry would like to replace 90% of his income. $1,531,885 $1,702,094 %1,579,879 $1,755,421

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