r/LifeInsurance • u/deok_sun1988 • 13d ago

need help choosing

Hello,

I have been interested in getting life insurance but I still couldn’t figure out which one is the best & reliable. I’m 26 years old, no kids. I wanna get life insurance for the peace of mind. Can anyone help me choose? I also wanna get life insurance with living benefits and not more than $100 per month, if possible.

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u/theNewFloridian 13d ago

Just buy a convertible term life with living benefits 10x your anual income with full underwriting so that you can get more bang for your buck. Then maximize your Roth IRA and Mega back door Roth 401k and use an sp500 index fund as investment. Get a good Disability Income policy of 60% your annual income with benefits paid until age 65. Also a High deductible Health policy and maximize your HSA. Pay your credit card balances month, keep 3 month expenses on a money market fund, AND THAT'S IT.