Jade Warshaw
👤 PersonAppearances Over Time
Podcast Appearances
Okay. Well, so, I mean, Jade, we talk about this all the time. Somebody your age, I mean, if you had a higher net worth, I think it'd be a no-brainer. I mean, I think at this point, here's the question. If you were to die tomorrow, because the $350,000 is on you, would your wife need that $350,000?
So how long is this new term for?
So how long is this new term for?
So how long is this new term for?
Oh, so it's on a 12-month rollover, essentially. Yeah, it's a 12-month every year. Because of your age. Exactly. Okay, so I'm thinking through this. I don't have a hard opinion on this, and I know Jade's got an opinion on this. I'm walking through this with you, Scott. So let's take the 650 right now. Okay. And over 12 months. Okay. We know that that is close to $8,000, right? Quick math.
Oh, so it's on a 12-month rollover, essentially. Yeah, it's a 12-month every year. Because of your age. Exactly. Okay, so I'm thinking through this. I don't have a hard opinion on this, and I know Jade's got an opinion on this. I'm walking through this with you, Scott. So let's take the 650 right now. Okay. And over 12 months. Okay. We know that that is close to $8,000, right? Quick math.
Oh, so it's on a 12-month rollover, essentially. Yeah, it's a 12-month every year. Because of your age. Exactly. Okay, so I'm thinking through this. I don't have a hard opinion on this, and I know Jade's got an opinion on this. I'm walking through this with you, Scott. So let's take the 650 right now. Okay. And over 12 months. Okay. We know that that is close to $8,000, right? Quick math.
So if you were to take the 8,000 and invest that, you know, and you invested that for, I mean, let's play this out. How many years, let's say you were going to keep the insurance for her. How many more years would you in your mind want to pay for it?
So if you were to take the 8,000 and invest that, you know, and you invested that for, I mean, let's play this out. How many years, let's say you were going to keep the insurance for her. How many more years would you in your mind want to pay for it?
So if you were to take the 8,000 and invest that, you know, and you invested that for, I mean, let's play this out. How many years, let's say you were going to keep the insurance for her. How many more years would you in your mind want to pay for it?
I don't like that. No, no, no. Your kids... I think that's creative and innovative, but I'm glad you're laughing about it. I think that's a bad idea. If my parents came to me and said, you've got to pay my life insurance to get the inheritance, I'd go, okay, Pop, we'll talk later.
I don't like that. No, no, no. Your kids... I think that's creative and innovative, but I'm glad you're laughing about it. I think that's a bad idea. If my parents came to me and said, you've got to pay my life insurance to get the inheritance, I'd go, okay, Pop, we'll talk later.
I don't like that. No, no, no. Your kids... I think that's creative and innovative, but I'm glad you're laughing about it. I think that's a bad idea. If my parents came to me and said, you've got to pay my life insurance to get the inheritance, I'd go, okay, Pop, we'll talk later.
Since you're still working, what are you investing?
Since you're still working, what are you investing?
Since you're still working, what are you investing?
Give him real quick math on what you punched up.
Give him real quick math on what you punched up.
Give him real quick math on what you punched up.
All right, our scripture of the day comes from Romans 15 too. Our goal must be to empower others to do what is right and good for them and to bring them to spiritual maturity. Our quote of the day from Harry Kemp, the poor man is not he who is without a scent, but he who is without a dream.