–   Single, no dependents
–   No major assets and/or liabilities

Insurance Needs

At this stage of life, you have limited responsibilities as you don’t have any dependents. The most important policy that you should consider is the disability insurance and/or critical illness insurance. You need to protect yourself in the event of you getting disabled and lose the ability to earn. You might also consider a term life plan to cover personal obligations such as:

• Mortgage or rent payments
• Debt obligations such as credit cards and auto loans
• Final Expenses 

Financial Planning

Retirement Planning