Like so much in life, money issues are a balancing act. The areas which we need to optimize are:
- Active income, i.e. career earnings
- Safety, i.e. insurance needs
- Passive income, i.e. investment income and
- Orderly settlement of our estate, i.e. disposition of our assets
Here, we will touch on life insurance. Why is it sold so aggressively? Can do it yourself investors (DIY) get good, reliable coverage and keep the huge, often deeply buried fees themselves?