hi

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 Desired income method of calculation? Barry would like to replace 90% of his income. $2,715,655 $2,444,089 $2,525,421 $2,311,178 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 Desired income method of calculation? Barry would like to replace 90% of his income. $2,715,655 $2,444,089 $2,525,421 $2,311,178