Skip to main content
No. of Recommendations: 0
I think a lot of people forget that you insure events that you can't cover otherwise - and that goes both ways :)

Now that's a secret that the insurance industry wants few to know. This is why brokers and insurance folks keep telling you that you need so much more than you really need to reach financial independence. For example, insurance folks will use rediculous withdrawal rates, growth rates, and inflation rates to make it seem that what you have is way too little take care of things. This helps them sell you more insurance and other useless financial products, which only line their pockets with fees and commissions.
Print the post  


The Retirement Investing Board
This is the board for all discussions related to Investing for and during retirement. To keep the board relevant and Foolish to everyone, please avoid making any posts pertaining to political partisanship. Fool on and Retire on!
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.