ok this is a spin off from the living comfortably thread.
How many people on here have thier families covered if the "bread winner" is no longer there? I work in financial services, so that's something that interests me. Obviously the easiest way to do this is with lots of life insurance. In fact my game plan is to get a lot of life insurance, spend all the money I earn, and leave my kids the insurance money(which is tax free) and my house. (I also have one policy that I use as retirement plan) But this includes ALL assets(investment accounts, real estate, etc...)
Anyway, I can't tell you how many people we meet that something happened to the bread winner and they didn't have enough to support their way of life and it has to change dramatically. Or the amount of people we meet that know they don't have enough, and don't seem to care!
If something happens to me my dogs have a couple hundred thousand--> i'm almost jealous of them! lololol
So I'm just wondering about other people.
How many people on here have thier families covered if the "bread winner" is no longer there? I work in financial services, so that's something that interests me. Obviously the easiest way to do this is with lots of life insurance. In fact my game plan is to get a lot of life insurance, spend all the money I earn, and leave my kids the insurance money(which is tax free) and my house. (I also have one policy that I use as retirement plan) But this includes ALL assets(investment accounts, real estate, etc...)
Anyway, I can't tell you how many people we meet that something happened to the bread winner and they didn't have enough to support their way of life and it has to change dramatically. Or the amount of people we meet that know they don't have enough, and don't seem to care!
If something happens to me my dogs have a couple hundred thousand--> i'm almost jealous of them! lololol
So I'm just wondering about other people.