Millionaire reveals why he has *ONLY* $2.5 million of life insurance (is it enough?)


Millionaire reveals why he has *ONLY* $2.5 million of life insurance (is it enough?)

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20 thoughts on “Millionaire reveals why he has *ONLY* $2.5 million of life insurance (is it enough?)”

  1. Wealth Hacker - Jeff Rose says:

    Do you think I have enough life insurance? Comment below yes or no!

  2. Wolf of Dubai Stocks Investing Channel says:

    If anyone in your family: parents, wife, kids depend on your income – you need a life insurance.

  3. Passive Income Tom says:

    Life insurance is great to have. SGLI seemed like it was enough but after a while, you realize you need your own life insurance and more than $400,000. 🤔

  4. GenExDividendInvestor says:

    It’s so important to get life insurance while you are young and healthy. Yet, so many people ignore it (no, I’m not affiliated with life insurance in any way).

  5. Mary Temple says:

    I've neber bothered with Life Insurance. I just use the POD option on all of my accounts.There's enough there to cover a very lacish and unneceddarily expensive funeral and then some.

  6. Demetrius Brown says:

    Which company did you consolidate your plans with

  7. Scott Hildenbrand says:

    I have zero life insurance. At 44 I JUST started into credit cards and building credit. Late starts are fun.

    I'm gonna die. It's gonna suck.

  8. Jacob Barlow says:

    We recently got our policies, $40 a month for a million

  9. Leekycia Brown says:

    But with term life insurance, doesnt the monthly payment increase every year? So by the 20th yr or so, its def not $16 a month.

  10. Jack Buchanan - F.I.R.E. and Personal Finance says:

    Not a fun subject to talk about but absolutely necessary. I like how you used the 4% rule to determine your plan. If I was to give my family anything after I die, I'd love to give them enough to be financially independent!

  11. Rafael Nunez Jr says:

    Great video! I wish people understood that everyone can use some life insurance. Even those that claim that they're never going to die… ha ha ha If that's the case, then get an EIUL or a VUL…

  12. Passive Hustler says:

    Interesting stuff! I also recently showed on my YouTube channel

    Best Way To Make Money Online in 2020 (No Money Needed) 💰

  13. djsevkic says:

    For some reason this topic is a taboo. „You're gonna die “ is a fact. There is no wishful thinking that can schratch that itch. This is a good way to deal with it. Good video, man !

  14. Calvert Enterprises says:

    I am not an insurance agent. But I have done some research on whole life versus term life and it does seem there are ways to cause the policy to build cash value sooner depending on how it is structured so that you can use it as a cash flow tool for business or personal use and there are tax benefits When flowing your money through a whole life insurance policy structured properly. Food for thought.

  15. Chanille P says:

    But your monthly premium when you're in your 60's will go up, right? because you are now older and the risk is higher??

  16. Gerrick Ratliff says:

    What companies are offering these super low premiums ($16) for $1M of death benefit?

  17. Justin Bishop says:

    this is a man afraid of death

  18. Financial Shinanigans says:

    Life insurance isn't sexy but is sometimes more important than investing & saving.

  19. Alex Mocek says:

    If theirs is a hell I’m going.fuck insurance

  20. Serbia San worth says:

    it is always good to have a winning strategy because why we all trade is to make profit. i have been winning with Helenacryptoinc @ gmail strategies for months now.

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