Month: June 2014

About retirement…

The term I prefer is “financial independence.”  And the question is, “What does it take to be financially independent?”  It takes income.  Income which is sufficient to meet required outflows, and which is not dependent upon continued employment.  Please note that the attainment of some arbitrary age, such as 65, is not what is required.  Some folks are financially independent… Read more →

How much life insurance do I need?

Life insurance pays a cash benefit to a beneficiary upon the death of someone. The human life value. What is the value of a human life?  Of course, a human life has great value with regard to achievement, companionship, inspiration, and so on.  There is also the financial value of a human life.  To understand this concept, ask the question,… Read more →