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lilredrooster
lilredrooster
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May 30th, 2026 at 5:19:07 AM permalink
Quote: DRich

I think between my current investments, my social security, and my life insurance policy they will be comfortable for 40 or more years.


it's a great thing that you have taken care of them to that extent

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the foolish sayings of a rich man often pass for words of wisdom by the fools around him
DRich
DRich
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May 30th, 2026 at 11:44:06 AM permalink
Quote: billryan

So why worry about the next two years?
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Because that is relying on my life insurance for them. If unfortunately I survive, my current savings is not sufficient and I am probably not smart enough to fake my own death and get away with it.
You can't know everything, but you can know anything.
tuttigym
tuttigym
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May 31st, 2026 at 4:24:22 AM permalink
Quote: DRich

Quote: billryan

So why worry about the next two years?
link to original post



Because that is relying on my life insurance for them. If unfortunately I survive, my current savings is not sufficient and I am probably not smart enough to fake my own death and get away with it.
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Read the suicide clause in the life insurance contract. It usually is for only 2 years. What that means is after the policy has been in force for 2 years, if the insured commits suicide, the carrier must pay the death claim.

tuttigym
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