Suppose you are 27 years old and expect to work until age 60. You earn $109,458 per year. You expect inflation to be 1.17% over your working life, and the risk-free discount rate is 4.27%. Your personal consumption is equal to 9.48% of your after-tax earnings. You are married filing jointly and face a combined federal and state marginal tax rate of 23%. According to the human life value method, how much do you need in life insurance?