Ryan Brady

So ideally, you should really be thinking about getting life insurance when anyone depends on you financially. For some people, that could be kind of more in the beginning of their career. For others, it may be more in the middle. But really, everyone's situation is going to be different. So it really just depends.

I'll say that for a lot of people, the need for life insurance comes up when they get married or when they start a family. And Liz, this conversation is pretty well timed because personally speaking, I just bought life insurance myself about a month ago.

I'll say that for a lot of people, the need for life insurance comes up when they get married or when they start a family. And Liz, this conversation is pretty well timed because personally speaking, I just bought life insurance myself about a month ago.

I'll say that for a lot of people, the need for life insurance comes up when they get married or when they start a family. And Liz, this conversation is pretty well timed because personally speaking, I just bought life insurance myself about a month ago.

Yep, yep. We have a baby on the way. Yay! Yeah, yeah. So in about four weeks, baby Colin's going to be here. So I thought, what better time than to get life insurance? Kind of got me thinking about it. If I get flattened by a bus tomorrow, let's say, would my wife be able to pay the mortgage, pay for the groceries, pay for college expenses or something down the road, all on one income? Right.

Yep, yep. We have a baby on the way. Yay! Yeah, yeah. So in about four weeks, baby Colin's going to be here. So I thought, what better time than to get life insurance? Kind of got me thinking about it. If I get flattened by a bus tomorrow, let's say, would my wife be able to pay the mortgage, pay for the groceries, pay for college expenses or something down the road, all on one income? Right.

Yep, yep. We have a baby on the way. Yay! Yeah, yeah. So in about four weeks, baby Colin's going to be here. So I thought, what better time than to get life insurance? Kind of got me thinking about it. If I get flattened by a bus tomorrow, let's say, would my wife be able to pay the mortgage, pay for the groceries, pay for college expenses or something down the road, all on one income? Right.

And so the answer to that's probably not very easily. So I bit the bullet. You know, I wish I would have done it a little bit sooner, but I'm glad to have gotten life insurance.

And so the answer to that's probably not very easily. So I bit the bullet. You know, I wish I would have done it a little bit sooner, but I'm glad to have gotten life insurance.

And so the answer to that's probably not very easily. So I bit the bullet. You know, I wish I would have done it a little bit sooner, but I'm glad to have gotten life insurance.

Exactly. That's a great point. And also the need for life insurance becomes greater as you take on more debt and other responsibilities, like you mentioned, Liz, especially if you share those responsibilities with somebody else. But even if you don't have any big shared responsibilities today, you may still need to think about getting life insurance if you're planning to in the future.

Exactly. That's a great point. And also the need for life insurance becomes greater as you take on more debt and other responsibilities, like you mentioned, Liz, especially if you share those responsibilities with somebody else. But even if you don't have any big shared responsibilities today, you may still need to think about getting life insurance if you're planning to in the future.

Exactly. That's a great point. And also the need for life insurance becomes greater as you take on more debt and other responsibilities, like you mentioned, Liz, especially if you share those responsibilities with somebody else. But even if you don't have any big shared responsibilities today, you may still need to think about getting life insurance if you're planning to in the future.

Let's say if you want to buy a house or start a family down the road. And that's because life insurance is generally cheaper the younger and healthier you are. So it may be wise to lock in a policy now while you still qualify for those lower rates. And of course, you could always buy more life insurance later if you end up needing it. It just might be a little bit more pricey.

Let's say if you want to buy a house or start a family down the road. And that's because life insurance is generally cheaper the younger and healthier you are. So it may be wise to lock in a policy now while you still qualify for those lower rates. And of course, you could always buy more life insurance later if you end up needing it. It just might be a little bit more pricey.

Let's say if you want to buy a house or start a family down the road. And that's because life insurance is generally cheaper the younger and healthier you are. So it may be wise to lock in a policy now while you still qualify for those lower rates. And of course, you could always buy more life insurance later if you end up needing it. It just might be a little bit more pricey.

One last thing I'll say here is that a lot of people think life insurance is expensive, and sometimes it is. But if you're relatively young and healthy, life insurance can be surprisingly affordable. According to Neuwald's analysis of life insurance rates, the average cost of a 20-year term insurance policy with a $500,000 payout is less than $20 a month for a healthy 30-year-old.

One last thing I'll say here is that a lot of people think life insurance is expensive, and sometimes it is. But if you're relatively young and healthy, life insurance can be surprisingly affordable. According to Neuwald's analysis of life insurance rates, the average cost of a 20-year term insurance policy with a $500,000 payout is less than $20 a month for a healthy 30-year-old.

One last thing I'll say here is that a lot of people think life insurance is expensive, and sometimes it is. But if you're relatively young and healthy, life insurance can be surprisingly affordable. According to Neuwald's analysis of life insurance rates, the average cost of a 20-year term insurance policy with a $500,000 payout is less than $20 a month for a healthy 30-year-old.

Yeah, you're right. When it comes to basic group life insurance, most employers do offer it as a job perk, and it's usually free. So there's a good chance you already have some life insurance coverage through work if you've opted in. And unlike many individual policies, you generally don't have to take a medical exam or fill out a questionnaire.