On this episode of the Firepreneurs Podcast, we are continuing on with our Financial Wellness Series with Greg Freeman and Chris Bauchle of Trust Wealth where we are unpacking the 5 Common Mistakes that firefighters make when planning for retirement.
Mistake #4: Not Carrying Enough Life Insurance
If you have anyone dependent on you like kids, a spouse who counts on your income or parents who rely on your care, you should have some sort of life insurance. Especially if you are a Firepreneur.
Having the proper amount of life insurance provides the peace of mind that your family will be able to accomplish every goal you had been working towards when your time runs out.