4.4 • 823 Ratings
🗓️ 6 July 2021
⏱️ 44 minutes
🧾️ Download transcript
Okay, we’re kidding about the fun part. But Joe Perna with Motley Fool Wealth Management joins us to talk about everything you’d want to know about life insurance including who needs it, how much, what kind, possible tax benefits, and more.
Click on a timestamp to play from that location
0:00.0 | This is Motley Fool Answers. I'm Alison Southwick and I'm joined as always by Robert |
0:07.4 | Wealthy Camp, personal finance expert here at the Motley Fool. I'm trying to make it up to you from last |
0:13.1 | week. So in this week's episode, we're joined by Joe Perna, a planner with Motley Fool wealth management |
0:17.8 | to talk about all things life insurance. Do you need it? How much |
0:21.1 | do you need? Where do you get it? All that and more on this week's episode of Motleyful answers. |
0:27.1 | So, Alison, please do tell us what's up. Well, bro, we've spent the last year and a half looking |
0:33.2 | for a new hope as COVID continued to strike back again and again. But now, I heard new hope. |
0:40.8 | So I was just doing the Star Wars thing. I know. Thank you. I appreciate that. Increased wealth, |
0:44.6 | decreased spending, and a world opening up is creating a greatly anticipated sequel. Episode 6, |
0:51.2 | return of the consumer. Actually, it's more like revenge. |
0:55.5 | All right, bro, cue the music now. |
0:58.2 | Dun, dun, dun, da-da-da-da-lan. |
1:00.1 | I was going to do the Imperial March on that one. |
1:04.2 | I am. |
1:04.6 | Yeah, that one got... |
1:05.4 | There you go. |
1:09.1 | That got dark. |
1:09.8 | All right. |
1:11.7 | In 2019, the savings rate hovered around 7,8%. |
1:15.9 | But then COVID hit. |
1:17.1 | And from March 2020 to April 2021, the personal savings rate jumped to 18.7%. |
1:23.1 | The highest rate for such a sustained period since World War II, and it peaked in April |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from The Motley Fool, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of The Motley Fool and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2025.