The Importance of Life Insurance

When do you no longer need life insurance from a net worth perspective? I love when life insurance is somebody who's selling permanent insurance. They always say, you don't want to do term life insurance because they let me tell you the percentage of people who actually get to use this money for their loved ones. A lot of you financial mutants are going to find on this journey that if you are very deliberate with being a builder of wealth, you'll get to a point. Where you're now focusing in entering financial independence, you still have this term life insurance policy. But you could pay for all that stuff.