Did you know? You are more likely to become disabled before you retire than die? 1 in 4 20-year-olds suffer a disability before age 65, whereas 1 in 1,700 die prematurely. True story. Everyone knows that Life Insurance pays out if you get hit by a bus and die. But what if you get hit by a bus and live?
Welcome to Ken's Financial House. Last time we talked, I told the story of my wife and I buying a new car in a post-pandemic, supply-chain shortage world. In that story, I mention a situation where a salesperson doesn't drive the cars he sells and how THAT prompted me to outline my Financial Plan for all of you to see. Over the next few posts, I will outline what my personal financial plan looks like and why I do and don't do some things. Today let's start off easy; Life Insurance
It's tax season and that means more ads from the Green and White firm with a block in the logo. Their claim is to get you the best refund, but if you look at how its fees are calculated, you can see why. From their website, they basically state that they charge the absolute maximum the government will allow: 15% on the first $300 and 5% on the rest of your refund.
So I read a lot of books every year. Well, I have someone else read it to me, but it's basically the same thing. Audiobooks, in my opinion, are like taking a test drive: I listen to the book and if something jumps out at me, something I think I really need, I buy the book. Here is this year's list of books I have or am planning on buying for reals