You have $17$ years until retirement and your current annual income is $$75,000.$ Using a marginal tax rate of $22\%$ and an inflation rate of $3\mathrm{.}5\%,$ how much life insurance will you need to purchase using the $$human life value$$ approach? Your time value of money of $8\mathrm{.}5\%.$ Assume you want to replace $80\%$ of your current income considering taxes and inflation.