07/06/2026
I usually post about full planning strategies. However, there is an order to planning, and age as well as other financial circumstances can dictate priority of solutions.
If you are 20's-30's you simply haven't had time yet to accumulate enough resources to IGNORE risk management.
In the last few months I have had several decline situations with late 20, early 30 age people with spouses and kids.
Get as much life and disability insurance as you can when you get your first paycheck. You can talk about how much it will cost before you think you need it....but the cost to a family you are now responsible for...and you already have it in place - that becomes priceless. Needing it and can't get it...hurts even more.
Stop being foolish and cheap. also some of you parents out there telling them to wait until you get married or have kids....you are NOT helping. Pennies....pennies to get maximum coverages while you are super young and very healthy.
Yes, put money into your Roth so you can have millions by 50....but if you get sick, hurt, or die too soon; that's not going to happen anyway.
Rant over. I'm not expecting you to call me...but call someone reputable and get this stuff done.
PS. Work coverage is not enough. it's basic, better than nothing, but you need real coverage that travels with you from job to job or when you go out on your own it's already there.
We guide 401k millionaires in law, tech, and pharma to retire well the first time.
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