We have a 5 year $100K term policy, for each of us. It was bought a long time ago when we bought the house.
It went up 44%, if my math is right. $144 to $227 per month. That amount is for both.
No kids, DW is retired, I have a few years. Have 90K in brokerage that’s our savings/emergency fund.
Approximately $700K in our combined tax deferred accounts.
We owe $27K on the house at 4.5%. Do we pay off the house now to eliminate that expense if something happens?
Health conditions probably will torpedo shopping for a new policy.
I’m wondering if we even need it now.
It went up 44%, if my math is right. $144 to $227 per month. That amount is for both.
No kids, DW is retired, I have a few years. Have 90K in brokerage that’s our savings/emergency fund.
Approximately $700K in our combined tax deferred accounts.
We owe $27K on the house at 4.5%. Do we pay off the house now to eliminate that expense if something happens?
Health conditions probably will torpedo shopping for a new policy.
I’m wondering if we even need it now.
Statistics: Posted by KellyInBaconville — Sun Sep 01, 2024 6:21 am — Replies 21 — Views 900