As love is in the air, thanks to Saint Valentine, it’s a good time to think about same-sex weddings and the pressures to stick to traditional wedding norms.
When it comes to buying life insurance, your age and health are two of the most important factors an insurer will consider when determining eligibility and pricing.
It’s easy to find yourself thinking, “I’ll be so much happier when I get a raise.” Then, you get a raise and feel like your financial situation has drastically changed. You can afford to save a little more per month or maybe even make that much-sought-after upgrade to your home.
But after a few months, you get used to the new salary, and the cycle begins again of waiting for that next pay increase to feel like you have enough money to live comfortably.
Many of us get the same feeling when we buy a house. What was once a gleaming home that filled you with pride is now a constant reminder of everything you want to fix.
Deciding how much life insurance you need is part art, part science. Most experts recommend about five to 10 times your annual salary, which, as a general rule of thumb, is a good place to start.
But, does multiplying your salary by at least five times seem like enough?
Being a stay-at-home parent is the toughest job in the world.
Beyond being responsible for every detail of a tiny human’s life, these superheroes contribute to a number of vital roles (usually at once) that make a family truly whole. Day in and day out, the children are cared for, the bills get paid, the house stays in working order, clean clothes are available to wear… the list goes on and on.
There’s a misconception that the only person who needs life insurance is the primary breadwinner of the household. They’re the ones who bring home a salary on a day-to-day basis after all, right?
This couldn’t be further from the truth.
My parents hate their retirement.
This revelation floored me. How could that happen? How could you spend your entire life working and saving, come upon the freedom of retirement and just hate the ending?