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re: Life insurance questions\advice

Posted on 10/2/17 at 10:37 am to
Posted by notsince98
KC, MO
Member since Oct 2012
18158 posts
Posted on 10/2/17 at 10:37 am to
quote:

Totally disagree.. My old man passed away suddenly last year at the age of 65. He was self employed so he doesn't have a pension to leave my mom. My mom was 61 at the time, still working. Because of her age and her salary she wouldn't get any of my dads social security. When she retires and reaches full retirement age of 67 because she has a good pension she may receive a few hundred dollars. My parents had some savings and 401K but without the life insurance I don't know how my mom would make it the rest of her life. My old man had some whole life and had a 20 year term policy that was gonna expire when he turned 70.


You missed the basis of his point.
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