Читать книгу More Straight Talk on Investing - John J. Brennan - Страница 49

The final point about financial planning: Know what you don't know. Yes, there is much that you can do on your own in setting up a financial plan and beginning an investment program, but it's also important to have some humility about other elements of your financial needs. I'll just make a few comments here because so much of it depends on your personal situation.

Life and disability insurance planning is one area in which professional advice is often worth the money, depending on the variables in your life, such as your age, health, marital status, net worth, and whether you have children. The same is true of estate planning. You could use an online tool to create a will or consult an estate attorney. I believe that anyone who expects to accumulate significant wealth should be willing to spend the time and money to make sure his or her will is prepared properly.

Consider the flipside. If you are underinsured, a fire in your home is not just a tragedy for you and your family but a financial calamity as well. If your will is inadequate or not up-to-date, your assets might not be distributed as you desired or you leave your heirs with hefty tax bills. Do a cost-benefit analysis. Often, it pays to obtain professional advice in these instances.