Which of the following is NOT commonly considered when assessing life insurance needs?

When assessing life insurance needs, the focus is typically on aspects that directly concern the financial security of the insured's dependents after their passing. Immediate cash flow needs, long-term family financial requirements, and debt obligations are all critical factors to understand how to protect family members from financial hardship.

Immediate cash flow needs involve ensuring that there are adequate funds to cover day-to-day expenses and urgent financial obligations in the event of the policyholder's death. Long-term family financial requirements refer to the projected costs of living, potential education expenses for children, and maintaining the family's standard of living over time. Debt obligations are also important because they can place an additional financial burden on the family if the policyholder were to pass away without sufficient life insurance coverage to pay off debts.

In contrast, projected retirement savings often fall outside the immediate scope of life insurance planning. While it is an important area of financial planning, it does not directly relate to the life insurance needs of dependents at the moment of the policyholder's death, making it less relevant for this specific assessment. Therefore, projected retirement savings is not commonly considered when evaluating life insurance needs.