Posted by Scott in SF on June 22, 2009 at 21:47:53 from (76.254.77.254):
In Reply to: Life insurance ???s posted by gun guru on June 22, 2009 at 17:07:51:
I have seen the difference differance several times. Term life insurance to replace your income if you die is the most important thing you can do for your loved ones. Buy it when you are young, healthy and it is cheap. I have seen families stay intact and healthy after the loss of the father because he had adaquate life insurance and I have seem families implode that didn't have it. As to the 47 YO smoker, rental properties are a fine, I have several, but when you are just paying them off they really produce not much income, it will not help your family now. They are for retirement.
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