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April Mailbag: Life Insurance, Long-Term Care, & Retirement Planning
- April 27, 2020
- by Chelsea
Why You've Got to Listen to This Episode...
Still have questions about financial security during these times of financial uncertainty? We’ve got you covered in this special Q&A style episode.
For this episode, we asked the mamas in our free Mamas Talk Money Community on Facebook to send us their questions about financial security. If one person in our community has a question, there are no doubt others wondering the same thing.
So if you’re still a little overwhelmed by the topics of life insurance, long-term care, and retirement planning, today’s episode will help clear things up. I will be sharing my answers to common questions about life insurance and the different types available, how to prioritize insurance premiums each month, and retirement planning.
Don't Miss These Highlights!
- [01:22] How life insurance works and what the difference is between whole and term life insurance
- [06:44] How to prioritize insurance premiums when you might be struggling each month financially
- [12:27] Is pet insurance a good idea? If so, what should you keep in mind when shopping for insurance?
- [15:34] Is a 401K still the best vehicle to save money in?
- [18:27] How much should you be saving for retirement?
Links & Resources Mentioned
- Smart Money Mamas Instagram
- Mamas Talk Money Facebook Group
- Bestow
- Policygenius
- Episode 021: How Effective Financial Emergency Planning Can Bring You Calm
- Whole vs. Term Life Insurance: Let’s Do the Math!
- Why Stay-At-Home Parents Need Life Insurance (& How To Get It)
- 5 Sites That Make Term Life Insurance Easy & Affordable
- Long-Term Disability Insurance: A Financial Knight in Shining Armor
- Healthy Paws
- The 5 Years Before You Retire by Emily Guy Birken
- Money Mamas Guide to Investing - Free Guide
- OnTrajectory
- Episode 025: The Right Way to Get Out of Debt in 6 Simple Steps
- Debt Payoff Worksheets - Free Download
- Discover Your Target Retirement Savings Rate [Calculator]
Are You Protecting What Matters Most?
Grab our free Financial Emergency & Estate Planning Checklist to make sure you’re prepared for anything life may throw at you!
Other Ways to Enjoy This Podcast
Have You Subscribed Yet, Mama?
Are you subscribed to the Smart Money Mamas podcast? If you’re not, I want to encourage you to head over to Apple Podcasts (or wherever you listen to your podcasts) and subscribe! I release episodes twice and week and as a subscriber, you’ll be notified right away so you can take checking the feed for new content off your mental to-do list.
Click here to subscribe on Apple Podcasts, Google Podcasts, or Spotify!
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