In your 40s, financial priorities can range from taking care of aging parents to funding the activities and futures of your kids.
Here are four steps certified financial planners recommend taking with your money throughout your 40s.
You generally have two options for life insurance: term or permanent.
Term life insurance provides coverage for a set amount of time, often somewhere between 10 and 30 years, while permanent life insurance, also known as whole life, provides coverage for the rest of your life.
Term life insurance is generally fitting for people looking for affordable, temporary coverage, while permanent life insurance is more flexible and can earn interest.
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Andrew Fincher, Fincher, you've, Joe Conroy
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