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In reply to the discussion: Do You Feel Financially Secure?..... [View all]Blaukraut
(5,999 posts)19. If our circumstances stay the same, yes
My husband is the sole earner, but his job is secure and he is getting military retirement pension. We have a house with a 3k/month mortgage (15 yr, to be paid off by retirement). No other debt. Husband has a 600k term policy that runs out in 5 years. He has recently had mitral valve repair surgery and won't be able to purchase a new policy until a year past the surgery and it won't be cheap, no matter what. So yes, I personally feel financially secure for another 5 years if nothing else changes. Longer if he is able to purchase another policy that is somewhat reasonable and at least covers any expenses, mortgage, etc.
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Sorry to hear that. Not enough Americans learned a lesson from that massive fraud.
shockey80
Feb 2020
#10
I suspect that 80% of us know things could turn south at just about anytime. It's been that
Hoyt
Feb 2020
#7
No. I would not feel financially secure unless I was independently wealthy.
smirkymonkey
Feb 2020
#15
no. not even close. and despite that i have to suppliment my child's income who is doing even worse
Takket
Feb 2020
#17
What? Where do you live that 2 adults have to make 200k to live comfortably?
former9thward
Feb 2020
#43
My financial security is partially dependent upon Social Security and a Fed'l civil service pension
mnhtnbb
Feb 2020
#25
No, at least not as secure as we expected to be at this point in our lives.
redstatebluegirl
Feb 2020
#26
I'm prone to feelings of insecurity in general because of current world affairs.
Adsos Letter
Feb 2020
#38
Yep - pretty good. 401K need some more cash, but its doing well with what's there. nt
jmg257
Feb 2020
#36
NO! I make good money and the inflation is quite noticable. I have had to make adjustments
Vivienne235729
Feb 2020
#47