manwnomelanin
manwnomelanin t1_j6ietjo wrote
Most people use term life insurance for your mortgage concerns.
Get term insurance with a death benefit for the amount of the mortgage and list her as the beneficiary.
God forbid you kick the bucket, the house will be paid off with the insurance payout and she won’t have to worry about it.
manwnomelanin t1_j6iemnl wrote
Reply to comment by NotYourDude in How to leave house to fiancé in the event I die before we marry? by [deleted]
Get term life insurance with the death benefit for the amount of the mortgage and list her as the beneficiary
manwnomelanin t1_iuga29y wrote
Reply to comment by bulls2030 in Question about 401k rollover to IRA and checks received by bulls2030
OP, i just did this and i just decided to make it easy and put it into a traditional IRA.
manwnomelanin t1_iuflp9a wrote
Reply to comment by massalk in Do I need to find a new financial advisor? by massalk
I wouldnt bother asking tbh. If shes trying to sell it to you, it’s because she gets commission. Ive never met anyone who believes whole life insurance is a good thing besides the people who sell it
(I used to sell it)
manwnomelanin t1_j6jgzss wrote
Reply to Graduating college but not much money in savings & I lived with parents. How much money should a college grad have saved? by Cute_Construction928
Spending $19,000 in a year could win an award. That's like bare minimum living essentials in the US
You have family/a safety net. It's a marathon, not a sprint.
Relax