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Personal Finance (Not Investing) • At What Net Worth Self Insure Life Insurance?

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Dear friends,

Is there a net worth in which it doesn't make sense to have term life insurance? I always get strange looks when I say we "self-insure". Maybe we should reconsider?

We are in our 40s, have 2 kids and a net worth of about 4.2M not including home. We are FI with our current numbers and still working.

Thanks in advance.

Statistics: Posted by RJC — Sun Dec 22, 2024 7:24 am — Replies 23 — Views 1005



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