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URL:  https://boards.fool.com/you-need-to-qualify-that-do-you-have-a-lot-23378501.aspx

Subject:  Re: Retirement Plan - Which Way To Go? Date:  12/3/2005  3:06 PM
Author:  DollarSignz Number:  48598 of 96158

You need to qualify that...

Do you have a lot already saved? Does your spouse work? How old are your kids?


Exactly. That's why it isn't a good rule of thumb. Judging one's insurance needs involves much more than simply knowing how much they make. The analogy you used in your post shows that it has more to do with one's family situation (number of dependents, etc.) and age than annual salary.
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