It's About Context...
"What you do speaks so loud that I cannot hear what you say."
---- Ralph Waldo Emerson
Stick around this life long enough, and you’ll become aware of a painful truth about the human condition: we often don’t do the things we ought to be doing for our own well-being. Researchers use the term ‘non-adherence’ to describe this lack of follow-through when it comes to advice.
Coping with the loss of a loved one is difficult enough in itself. When you compound the death without enough financial resources…whew!…That’s tough. I’ve witnessed the devastation of these situations both emotionally and financially on family, friends and classmates. It is painful and some families never recoup financially.
Having adequate life insurance can help ease the burden and provide your survivors with greater financial peace of mind. Your family can use life insurance proceeds to take care of many types of expenses for your family and loved ones, including:
You're working your tail off to build a solid financial foundation for family. You now have some home equity, personal savings, investment and retirement accounts. You may even own an investment property.
You’re doing everything in your power to create a secure and comfortable lifestyle for yourself and family.
So, let me ask you, have your really thought about how much you earn? I mean, if nothing changed about your current income, what would it provide for your family between now and when you retire?
When any kind of Sudden Money® enters someone's life--regardless of the origin of the money--things begin to shift within that person as well as with their relationships. Recipients of lottery windfalls and inheritances, as well as divorcees and widows, quickly develop desires and expectations for their money.