Archive for January, 2013

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Taking Care of My Family After I Die


2013
01.21

I had to use a term insurance calculator to help me determine if I had enough life insurance to cover my family’s needs if I should die. That is why I started looking into mortgage life insurance rates. I have had a life insurance policy for several years, but I never really gave much thought about whether I had enough coverage to take care of the family once I am gone.

I had read an article in a magazine while I was at the doctor’s office the other day that made me feel that I had messed up when I took out the coverage that I did. I learned that a person should really get a policy that is at least four times the amount that they would bring home each year.

I have four kids and a wonderful wife that I will be leaving behind and I knew that the policy that I had was not going to be even close to enough to cover the things that they would need. My wife does not work and I hope that we will be able to keep it that way since she enjoys being a stay at home mom with the kids.

I found this calculator and used it to find out how big of a policy I really needed to have. I learned that I had less than one quarter the amount of money that I should have on my policy. Once I learned that, I decided to start shopping around for a new policy. I was able to get some online quotes pretty easily that made me feel pretty good. It turns out that I was overpaying for the policy that I have had all this time. I wish that someone would have told me how all of this was supposed to work and what I needed to do to make sure I was ready to pass at any time.

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Choosing the Right Financial Advisor for You


2013
01.21

If you arrived at this blog because you were searching for ifa barnsley, then you have arrived in the right place. It can be a real challenge to find a good financial advisor in this world because there are just plain so many financial advisors out there. The first thing you should do is try to get a recommendation from someone. There’s a good chance that you have friends or family that use a financial advisor. Try to ask around and see if anyone you know has a financial advisor. You might not know, but you could have a friend that has been seeing a financial advisor for years. This can be good for you because they have already tested the waters for you. However, don’t let that be your final decision maker for finding a good financial advisor.

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