FinanceDude
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
- Joined
- Aug 3, 2006
- Messages
- 12,483
Re: "Exceptional costs of exceptional kids" (or: blowing your retirement on a cello)
He's an idiot! As a start, how about $1 million in term insurance for him, and $500,000 or so for her? At least they could maintain their lifestyle without having to get remarried for "economic reasons"...........
Milton said:Indeed. The most telling passage in the article was the mother's reaction to the recommendation to purchase adequate term life insurance:
"Lea cringes at this advice, confessing a fatalistic distain for life insurance. 'If I'm alive, we're on track,' she says. 'I die, it's over. They better become waitresses.'"
Really sad. With an attitude like that, she has no business being a parent.
He's an idiot! As a start, how about $1 million in term insurance for him, and $500,000 or so for her? At least they could maintain their lifestyle without having to get remarried for "economic reasons"...........