Featured in MoneyGeek: Expert Insight on $500,000 Life Insurance Policies

Memento Financial Planning in the News

Our founder, T.J. van Gerven, CFP®, was featured in MoneyGeek offering guidance on how individuals can evaluate life insurance coverage, including when a $500,000 policy may be suitable.

“As a general rule, you should get 10 times your salary, particularly if you are just starting out in your career and have not reached financial independence. When thinking about a more individualized approach, this rule of thumb can be changed by a number of factors, including whether you have dependents or any outstanding debt. It can be beneficial to work with an independent financial advisor who does not sell insurance in order to receive advice on the right amount of coverage that is in your best interests.”

Read the full article here:

👉 Expert Insight on $500,000 Life Insurance Policies – MoneyGeek