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re: Term or Whole? Insurance

Posted on 5/1/14 at 4:14 pm to
Posted by Phattie Jet
LaPlace
Member since Aug 2012
307 posts
Posted on 5/1/14 at 4:14 pm to
We are going 1M and 1M on each of us and will also do a mixture with WL. We simply choose to do this now as I am almost 40, and its about that time.(Prob should have done it sooner) We are excellent investors of our money through Ed Jones, but LI was a must now just to protect our future/ children's future. I'm open to any an all suggestions-this is not my field of expertise.
Posted by GoCrazyAuburn
Member since Feb 2010
34858 posts
Posted on 5/1/14 at 4:15 pm to
Where'd you get the $1M number from?
Posted by La Place Mike
West Florida Republic
Member since Jan 2004
28785 posts
Posted on 5/1/14 at 5:30 pm to
quote:

The correct answer is you've supplied an insufficient amount of information so far.
Posted by Phattie Jet
LaPlace
Member since Aug 2012
307 posts
Posted on 5/2/14 at 8:02 am to
What info would you like?
Posted by iknowmorethanyou
Paydirt
Member since Jul 2007
6545 posts
Posted on 5/2/14 at 4:55 pm to
Reasonable monthly budget, debts, children's ages, income, wife's income, retirement income estimate, estimated retirement date, desired bequests (if any), college fund balance (if any).
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