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How to Buy Life Insurance the Smart Way

2018/8/28
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Stay Wealthy Retirement Podcast

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The episode begins by discussing the primary reasons for purchasing life insurance, including replacing income, covering mortgages, and ensuring family financial security in case of an untimely death.

Shownotes Transcript

Life insurance is wildly misunderstood and often oversold. 

In today's episode, we take a deep dive into the world of life insurance to show you how to buy it the right way, saving you money, time, and future headaches. 

We discuss:

  • Why we buy life insurance to begin with
  • How to know when you need it
  • What types of life insurance you should consider
  • Where to buy it to make sure you're getting a good deal.
  • Plus, why you might not want to buy life insurance through your employer.

As a bonus, we also share some resources for finding insurance money out there that you are entitled to.

We also tackle a listener question about 529 college savings plans and the proper way to get one set up for kids and grandkids.

Links, show notes, and resources for this episode: www.youstaywealthy.com/29

DISCLAIMER: This podcast is for informational and entertainment purposes only and should not be relied upon as a basis for investment decisions. This podcast is not engaged in rendering legal, financial, or other professional services.