Mikey P
Administrator
I have a appointment tomorrow afternoon to see if my 1 million is really enough.
Dan $500K = 1/2 million. So, if you recently boosted your insurance to 1/2 million, you could have checked the $500K box.danpauselius said:I clicked the 1 Million mark because there was no option for $500K - $999K. I recently upped mine to a half Million.
Next question. Whole life or term?
All the financial gurus seem to think whole life is crap.
BTW No life insurance here yet, but enough paid for assets to where the wife could sell them and put the money in a mutual fund, live off 4% a year, and never run out of money.
Jim Williams said:Next question. Whole life or term?
All the financial gurus seem to think whole life is crap.
My financial adviser told me whole life is good if you can contribute large amounts of money, if not really not very good.
20yr 800,000 term policy $400 a year. Have a 200,000 policy for my wife at $198 yr.