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re: Life insurance questions\advice

Posted on 9/29/17 at 9:44 pm to
Posted by baldona
Florida
Member since Feb 2016
20521 posts
Posted on 9/29/17 at 9:44 pm to
quote:

People aren't saving enough and having a large debt (like a mortgage) is not uncommon in your 60s and even 70s, and their spouse cannot survive financially without their income.

People want to leave a legacy to family or an organization



Bro, those two things do NOT go together. People either leave a legacy and are debt free, or they don't. They really aren't going together.

Yeah OP Smoking ads a ton unfortunately. Personally, I would do something like $500k term life for 15 years and quit smoking. When you quit, get more.
Posted by Slickback
Deer Stand
Member since Mar 2008
27686 posts
Posted on 9/30/17 at 8:40 am to
quote:

Bro, those two things do NOT go together


Didn't intend them to go together. These were separate examples.
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