3630: What’s Probably Missing From Your Financial Plan by Erik Carter of Financial Finesse on...
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Episode 3630:
Erik Carter highlights the critical pieces that many solid financial plans still overlook, including life insurance, diversification, liability protection, long-term care coverage, and estate planning. These often-neglected safeguards can protect your family, assets, and future income from risks that can undo years of smart financial decisions.
Read along with the original article(s) here:
Quotes to ponder:
"Too often, people just have whatever their employer provides to them, which is usually equal to their salary."
"The problem isn’t that people don’t know the importance of life insurance or can’t afford it. The problem is that it’s too easy to procrastinate."
"One of the biggest investment mistakes I see is having too much in company stock."
Episode references:
Medicare:
Medicaid:
S&P 500 Index:
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