Ever meet someone who has so much knowledge that they end up sounding like a windbag? Hans and Robby discuss how some consumer activists in the financial industry talk about life insurance and what they get wrong this week on Finishing Well. Life insurance sometimes gets a bad rap – it is too expensive, or a bad investment, or you don’t need it once you retire. Hans goes over where he agrees with these people, like about term insurance, and where he disagrees. People need life insurance in retirement. What is your family going to do when you die? This life insurance money provides immediate cash when needed most – and it is tax free!
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