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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Life insurance is a racket. If each . [/quote] As I said, if each spouse has a career and you live within your means, you have no need for life insurance. I consider living within your means to mean that each spouse can support the family on a single salary. Clearly, your wife can't - hence your need for life insurance. Spouse and I have purposely built our lives around us being each 100% capable of maintaining our lifestyle with or without the other. [/quote] And what if both you and your spouse die at the same time or several years apart and your kids are still Minors? It is cheaper to buy term insurance when you are young and healthy. Buy a 30 year level term.[/quote]
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