Owning the right amount of life insurance is important to protect your family. The global pandemic has reminded us time and time again about our mortality and the importance of getting enough life insurance. If you haven’t done so already, calculate your net worth to assess how you did this past year. Hopefully, you’ve grown […]
The Right Amount Of Life Insurance To Protect Your Family Read More »
To keep your life insurance rate class, one way is to convert your term life into a permanent life insurance policy. The cost of your life insurance premiums depends on your health rate class. This post will share when converting a term life policy makes sense and when it may not. In a previous post,
Convert Term Life Into Permanent Life Insurance To Keep Your Rate Class Read More »
Preparing for death is something we all should do. The following guest post about preparing for death is by Chris Sipola, a reader I met while we were stuck in Frankfurt after our plane back to San Francisco broke down. We drowned our sorrows over free drinks at an airport hotel courtesy of United. At
Preparing For Death: A Checklist For The Inevitable Read More »
Healthcare affordability continues to be a concern for millions of Americans. When the Affordable Care Act (Obamacare) was enacted in 2010 I was happy. A universal healthcare system would insure the ~47 million Americans who were previously not insured. After all, disease doesn’t discriminate between rich and poor. Also, being rejected for healthcare coverage due
How Much Should I Pay For Healthcare? Introducing The Health Affordability Ratio Read More »
Here’s a look at the sates with the highest and lowest unemployment benefits. Unemployments vary more than you think by state. Therefore, some unemployed people are faring better than others. During the pandemic, the federal government significantly boosted unemployment benefits. The CARES Act provided an additional $600/week through the week of July 31, 2020. And
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The coronavirus pandemic really got me thinking about all of our children’s’ futures. The world was suboptimal for two years. But what will their world be like in this already brutally competitive place full of constant rejection? Let me share a guaranteed way to prevent unemployment: career insurance. In big cities, expect to spend up
Career Insurance: The Guaranteed Way To Prevent Unemployment Read More »
Besides the purchase price of a car, one must also calculate the potential maintenance cost, and auto insurance cost to determine affordability. We often focus on the first two costs. But, seldom do we realize the auto insurance cost differential until we’ve purchased the car! Back in 2012, I was so happy to negotiate $2,000
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If you want to get the best life insurance rate, get life insurance before seeing a doctor. If you see a doctor too many times for non-life threatening issues, life insurance companies may see you as a higher risk. Even if you see a doctor for something relatively harmless, like snoring, an overzealous doctor might
To Get The Best Life Insurance Rate, Be Careful About Seeing A Doctor Read More »
After writing my post on life insurance needs when having a baby, a reader mentioned he was disappointed I didn’t mention Social Security survivor benefits. What’s funny is that I never think about Social Security when planning for my financial future. We all know Social Security is underfunded and the government will likely raise the minimum
Social Security Survivor Benefits: Life Insurance For All (Taxpayers) Read More »
I’m often asked why get life insurance if you’re financially independent. It’s a good question that merits a deep dive. I became financially independent in 2012 and have life insurance because I had children in 2017 and 2019. Many of you will face the same dilemma once your passive income can cover all your living
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