CASE STUDY:

Lindsay & Marcus Want to Protect Their Growing Family

Meet Lindsay and Marcus – Age: 32 & 34

Their Situation:

Lindsay and Marcus were in their mid-30s, juggling work, family life, and a long list of financial priorities; paying down student loans, saving for a home upgrade, and planning for their kids’ education. Marcus worked full-time in healthcare, while Lindsay ran her own interior design business. Their income was substantial but not predictable month-to-month, especially with one partner who was self-employed.

During their annual financial check-in with their TRPG team, they brought up a big question: “Are we doing enough to protect each other if something ever happens?”

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Their Concern:

During their annual financial check-in with their TRPG team, they raised a big question: Are we doing enough to protect each other if something ever happens?

Like many families, Lindsay and Marcus had life insurance through work, but after reviewing their policies, it became clear that the coverage wouldn’t go very far. Their biggest concerns were:

- Replacing income if either partner were gone
- Making sure the mortgage and everyday expenses could still be covered
- Avoiding the burden of financial stress on top of emotional stress

They also didn’t want to overpay for coverage they might not need, or end up with the wrong type of policy.

Their Solution:

Working with their Wealth Manager, they added life insurance as part of a broader financial strategy. After walking through a few scenarios and discussing their long-term goals, they secured individual term life insurance policies designed to:

- Cover debt (including the mortgage)
- Replace several years of income
- Provide breathing room for the surviving partner to make thoughtful financial decisions

Today, Lindsay and Marcus feel confident knowing that if life throws them a curveball, they have a plan to protect their family, without sacrificing their other financial goals.

Disclaimer

The above example is representative of an actual client, but we can’t use their real name or picture due to privacy concerns. Information provided is for educational purposes only and does not constitute investment, legal or tax advice. Past performance of any market results is no assurance of future performance. The information contained herein has been obtained from sources deemed reliable but is not guaranteed. Please contact TRPG for more complete information based on your personal circumstances and to obtain personal individual investment advice.

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