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re: Who do you use for term life?
Posted on 6/20/19 at 4:30 pm to Ace Midnight
Posted on 6/20/19 at 4:30 pm to Ace Midnight
quote:
Because the point of life insurance is to replace the deceased's person's income. Makes a lot of sense as a starting point for me.
How long do you think it will take your SO to find another man? She'll probably mourn for 6 months or so and then get back in the dating scene. Then probably be remarried within 3 years. So I really don't understand the point of 15 years worth.
Although, I did just calculate mine and it came up to about 15 years.
When the wife and I first got ours, we figured up paying off all debts (mainly mortgage) and the kids' schooling through 4 years of college and then have a couple hundred thousand left over.
Posted on 6/21/19 at 9:25 am to REB BEER
quote:
How long do you think it will take your SO to find another man?
I'm actually much more concerned about the "other man" getting his hands on my kids' money than some other man providing for them. Much more of the former out there than the latter.
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