Matthew Paul of Sisseton, South Dakota, is single and has been working as an admissions councelor at a university for five years. Matthew owns a home valued at $156,000 on which he owes $135,000. He has a two years old vehicle valued at $12,500 on which he owes $8000. He has about $13,800 remaining on his student loans. His retirement account has grown to $7800, and he owns some stock valued at $4400. Matthew has no life insurance and is considering buying some. How much should he buy?