LIFE INSURANCE..SHOULD i HAVE IT..HELP

Old School

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Forum Member
Mar 19, 2006
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TERM LIFE

65 THIS OCT..

WIFE WAS PAYING 128 PER MONTH AT HER WORK

NOW 218 PER WITH ME TURNING 65

KISS MY SAGGING SKINNY ASS..

AIN'T PAYING ..

HELP ..

SHE HAS MORE THAN ENOUGH TO AFFORD A CABANA BOY WHEN I KICK THE LAST BUCKET
 

Morris

Tent Maker
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Aug 23, 2002
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Above the Clouds....
TERM LIFE

65 THIS OCT..

WIFE WAS PAYING 128 PER MONTH AT HER WORK

NOW 218 PER WITH ME TURNING 65

KISS MY SAGGING SKINNY ASS..

AIN'T PAYING ..

HELP ..

SHE HAS MORE THAN ENOUGH TO AFFORD A CABANA BOY WHEN I KICK THE LAST BUCKET

I think you answered your own question there.

Wife has more than enough when you kick. Take that premium put it in the bank and go on a nice vacation every year!

That's what we do...
 

tigerfan

Registered User
Forum Member
Aug 31, 2002
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Montgomery, AL
Really depends on how much insurance you are getting, what your health is, can you continue the policy if she no longer works there, what are your tax obligations,

every case is different and really depends on your families needs after you are gone.
 

Old School

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Mar 19, 2006
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Really depends on how much insurance you are getting, what your health is, can you continue the policy if she no longer works there, what are your tax obligations,

every case is different and really depends on your families needs after you are gone.


1...80,000.00

2..good..still bust it everyday..old people shyt like achey joints and more achy joints

3..no..policy goes away when she retires..

4..tax thing ..it's pre taxed dollars if that is what ya mean..


hope this helps..
 

tigerfan

Registered User
Forum Member
Aug 31, 2002
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Montgomery, AL
Pre tax dollars means death benefits are taxed.

You are paying 2k plus a year for 80k

While you are 64 - you should look at a 20 yr term - probably- depending on your heAlth - 500k for 3k a year - it would be after tax so benefits not taxed.

Shoot me a note if you want me to run you some numbers.

The deal you have now is questionable
 

Old School

OVR
Forum Member
Mar 19, 2006
38,712
599
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Pre tax dollars means death benefits are taxed.

You are paying 2k plus a year for 80k

While you are 64 - you should look at a 20 yr term - probably- depending on your heAlth - 500k for 3k a year - it would be after tax so benefits not taxed.

Shoot me a note if you want me to run you some numbers.

The deal you have now is questionable

:0008 thanks...will give it some thought..
 
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