Here’s something I’ve noticed: the loudest voices arguing against life insurance after financial independence almost always come from people who aren’t financially independent yet and don’t have kids. They’re still grinding toward FIRE, optimizing every dollar, cutting costs to close the gap. Makes sense for them. But once you actually get there, the calculus changes. […]
Why Every Rich Person I Know Still Has Life Insurance Read More »
If healthcare in America weren’t so egregiously expensive, more people would retire earlier and live better, happier lives. We’re one of the few countries in the world where affordable healthcare is tied to employment, making financial independence that much harder to achieve. Given the high cost of coverage, before you decide to retire early by
Millionaire Early Retirees Probably Shouldn’t Get Healthcare Subsidies Read More »
In late 2022, my wife and I were finally able to lock in matching 20-year term life insurance policies at an affordable rate through Policygenius. For five years prior, I had been concerned that I wouldn’t be able to get approved at a reasonable price—all because of a mistake I made by visiting an overzealous
A Terrible Life Insurance Mistake That Cost Me A Fortune Read More »
Did you know that a whole life insurance policy can actually help you make money? It’s true—and it’s a strategy sometimes used by those with higher incomes and net worths. For those seeking life insurance coverage, a term life insurance policy is typically the more affordable and simpler choice. Both Sam and I opted for
How To Make Money From A Whole Life Insurance Policy Read More »
With the tragic fire that occurred in Lahaina, Maui, hurricanes ripping through Florida yearly, and now the devastating Southern California fires, it’s important to review your home insurance policy and understand what it does and does not cover. You also need to have contingency plans in case your house burns down. If you have not
What’s In A Home Insurance Policy? Know The Details Before A Fire Occurs Read More »
Health insurance is one of the most complex and aggravating topics for both consumers and providers in the US. Speak with anyone based outside the US and they all will comment about how much better things are abroad versus here. But as most of you would agree, having health insurance is a financial necessity in
Key Factors To Consider Before Changing Health Insurance Plans Read More »
One of the worst experiences for a homeowner is filing a home insurance claim only to be told it’s not covered. After years of paying premiums, the insurance company doesn’t deliver when it’s needed most. What a disappointment. This disconnect happens because we rarely take the time to review our home insurance policies each year.
A Home Insurance Policy Review To Understand What’s Covered Read More »
In my post about undocumented immigration, a commenter pointed out that I was lucky to avoid greater financial consequences from my car accident. It turns out that the maneuver where a car accelerates from a stop and then suddenly slams on the brakes is a common insurance scam. This tactic is known as the “sudden
Car Insurance Fraud As A Side Hustle Is Not Worth The Money Read More »
Like millions of others, I watched with intrigue the first—and potentially only—Donald Trump and Kamala Harris presidential debate. One of the most important topics discussed was illegal immigration and how the Biden/Harris administration allowed millions of illegal immigrants to enter the country. If you’re willing to flee your country and attempt to enter America illegally,
Bumped Into An Illegal Immigrant And It Could Have Been Costly Read More »
I’ve faced interesting criticism for encouraging my wife to re-enter the workforce after she left in 2015. However, it’s important to clarify that she hasn’t been truly retired. Instead, she has been actively engaged as a full-time mom since 2017. In addition, she has helped do a lot of the operational and editorial work for
Life Insurance Is A Reason Why Your Spouse Doesn’t Need To Work Read More »
