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Sean in Florida
Sean in Florida
6 years ago

Hey Jack,  At 1:12:55 Steven’s segment ends early and John’s segment starts already in progress.  Thanks for the show.

T
T
6 years ago

I’m definitely not an expert, but I think you handled the life insurance question well.  Our financial guy puts it like this:  “The purpose of life insurance is to provide for those you love, if you die – that which you would provide if you live.”  For example, if you’re providing $50K/yr to support your family, you need enough life insurance to provide that much from income generated by investing the death benefit.  That amounts to more than most people realize, but I think it’s sound advice.  If you’re not supporting anyone, there’s no need for life insurance (provided you’re leaving enough to bury yourself).