The DIME Method: How to Calculate Your Life Insurance Needs
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The DIME Method: How to Calculate Your Life Insurance Needs
📊 Wondering how much life insurance you actually need? One of the most common frameworks advisors use is called the DIME Method: 🔹 D = Debt Any debts your family would need to pay off (excluding your mortgage). 🔹 I = Income How many years of income would your family need if you were gone? 🔹 M = Mortgage The remaining balance on your ...
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