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Topic	Could you live on a salary of $60k?
MrDrMan 10/15/21 3:14:01 PM #124:	JustMyOpinion posted... Lol thinking 401k is a luxury. Not all of us want to die at our desk. Reading is hard. I said carrying a 401k AND life insurance. You dont need both. You can accomplish the same goal with one or the other. The money in a 401k can go to your family when you die if necessary. If you dont die then the money that funds a life insurance account can be dispersed to you over the rest of your life and act as a retirement account. Money can also be pulled out of a life insurance policy There is no need for both unless you for some reason think you need millions of dollars accessible at retirement age which is false. --- Pimpin aint easy Chiefs/Royals/Lakers 2015/2016 champs baby <cite>MrDrMan posted [p:959065267] in Could you ... [t:79710763]...</cite> <quote>JustMyOpinion posted... </cite> <quote>Lol thinking 401k is a luxury. Not all of us want to die at our desk.</quote> Reading is hard. I said carrying a 401k AND life insurance. You dont need both. You can accomplish the same goal with one or the other. The money in a 401k can go to your family when you die if necessary. If you dont die then the money that funds a life insurance account can be dispersed to you over the rest of your life and act as a retirement account. Money can also be pulled out of a life insurance policy There is no need for both unless you for some reason think you need millions of dollars accessible at retirement age which is false. --- Pimpin aint easy Chiefs/Royals/Lakers 2015/2016 champs baby</quote> ... Copied to Clipboard!
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