From: Richard Ellis
G'Day All,
I am new to this forum but did search the archives before posting on this topic.
I am wanting to expand my investment in property as my wife and I seek financial freedom. But I want to make sure my wife can still obtain our goals should my life be prematurely snuffed out - perish the thought!
My income is our sole income at present. My thoughts were to take out term life insurance to pay out our debts + provide a lump sum to invest. Then my wife can live off the rent and the interest from the investments.
I would appreciate any other thoughts or ideas.
Much Thanks,
Richard.
G'Day All,
I am new to this forum but did search the archives before posting on this topic.
I am wanting to expand my investment in property as my wife and I seek financial freedom. But I want to make sure my wife can still obtain our goals should my life be prematurely snuffed out - perish the thought!
My income is our sole income at present. My thoughts were to take out term life insurance to pay out our debts + provide a lump sum to invest. Then my wife can live off the rent and the interest from the investments.
I would appreciate any other thoughts or ideas.
Much Thanks,
Richard.
Last edited by a moderator: