I went with term life insurance because it’s all that I could afford. Considering I had goals of paying my mortgage off early, contributing to my 401k, funding my kids 529 plans and investing in my Roth IRA and regular brokerage accounts, I just didn’t have any money left for a whole life insurance policy.… Continue reading Why I Went With Term Life Insurance
Tag: life insurance
Missing But Not Worrying Financially About My Family
Yesterday, I got back from a business trip for my employer. While most of the time I was gone, my mind was on business events during the day, and mingling socially with peers during the evening, I did have time to realize how much I missed my family. As I would go home after the… Continue reading Missing But Not Worrying Financially About My Family
Sun Life Financial of Canada
Sun Life Financial of Canada They say that when it comes to money, people get particularly anxious and the simple thought of losing their savings and/or earnings is enough to let fear take over. But why do we allow fear to keep us from seizing opportunities? Well, in the first place, finance is no child’s… Continue reading Sun Life Financial of Canada
Increasing Insurance Coverage
I decided to bite the bullet and up my life insurance coverage amount for the family. I increased the amount by $300,000 more than my current coverage ($200,000). So now, I’m covered for $500,000 if I die. While that doesn’t sounds like a lot… in our case it is. With the Social Security death benefits, my wife… Continue reading Increasing Insurance Coverage