If you don't have children — and don't plan on having any — the normal rules of personal finance don't necessarily apply to you.
Unless you have major financial obligations your spouse couldn't bear if you died, "it's very rare that childfree people will need life insurance," says Zigmont.
Another major consideration: long-term care insurance.
"[Considering long-term care insurance] something I want people to be doing by about their mid-forties.
And the reason for that is that's when long-term care insurance is the most reasonable.
Persons:
Jay Zigmont, Dave Ramsey, Zigmont, childfree, —, It's, Dad You've, You'll
Organizations:
Genworth, Medicaid