Why Retirement and Financial Planning Matters
Now, here are the facts and the odds per year of each on the above events happening to you inside a given year:
- 0.9% chance of loss of life — life insurance protects this.
- 1.2% chance of loss of car — auto insurance protects this.
- 1.3% chance of loss of home — homeowners insurance protects this.
- 28% CHANCE LOSS OF STOCK MARKET VALUE IN YOUR RETIREMENT PORTFOLIO