Slideshow Image 1

BAE Systems - Life Insurance

This comes more from the heart than the calculator.

Families, it is crucial life insurance is considered. We can provide lovely homes, reputable educations, never miss a game or recital, but if we are not protecting this life from disaster, we are walking a thin line.

It happens. We serve hundreds of families and more than a handful have experienced an untimely death. Some have had enough life insurance, and despite the emotional trauma, financial goals remained intact. Some have had just enough coverage where goals are maintained, albeit with hard work ahead. Thankfully we have never seen someone’s world completely flip upside down, but it still happens.

Click here to set up a time with one of Acorn's CERTIFIED FINANCIAL PLANNERS™


This group is always a pleasure. Stories, happening, milestones are being reached in almost every direction. The kids are in school, playing sports and discovering their passions. Travel coordination, meals, homework – you are the true operation managers in the world!

What would it be like if one parent was no longer there to help orchestrate the amazing feats you pull off every day? Pause. Think.


This group may have kids off to college, peak earning years, and dedicating a significant portion of income towards retirement savings. The financial plan does not work if retirement happened tomorrow if the earner passed away. The survivor’s well-being and lifestyle could be in jeopardy.

Coverage purchased when the kids were young is often set to expire before financial independence. We often look for short-term solutions to solidify a financially successful retirement no matter what.


A simple analysis is to use the “4% rule”. The method became popular after a 1994 paper by a financial planner, William Bengen. A 4% per year portfolio withdrawal over an extended period has a high probability of not running dry. For life insurance analysis, a family can take a wage earner’s gross income and divide by 4%. $100,000 divided by 0.04 is $2,500,000.

Our office employs a team of planners who use sophisticated financial planning software. We consider when the mortgage is paid off, how many kids are going to college, existing savings, how expenses change over time, and a variety of personal considerations to arrive at a more accurate figure.

Click here to set up a time with one of Acorn's CERTIFIED FINANCIAL PLANNERS™


A family will always have a reason to consider coverage until complete financial independence. Coverage is most vital early in our lives. Low savings, a couple of small children, a mortgage – too much is at stake. However, as we age, children become self-sufficient, savings grow, and the need for insurance typically decreases.


Life insurance does not have to be complex. Term insurance is effective and costs about the same as a utility bill. By applying, you are making the insurance company an offer. “I pay you this much each month and you pay my spouse this much if I pass away”. The insurance company can accept that offer and if premiums are paid, the insurance company will honor the contract.

Additionally, term life insurance is transparent and easy to compare one insurance company from another when working with an independent broker.

I pay you this much each month and you pay my spouse this much if I pass away.


Whichever way we look at it, life insurance is extremely important for any family serious about their financial well-being. One unfortunate accident, illness, or disease can wipe out the goals and dreams of an entire family. It is not worth saving a couple extra bucks to walk such a fine line.

Below is a life insurance quote for a 35-year-old, male, New Hampshire resident. The death benefit is $1,500,000 for 20 years and includes quoted monthly premiums from major carriers:

I am interested in the strategy and want to meet with Acorn Financial

Acorn Financial is in Nashua, NH. We are a fee-only financial planning and investment management firm. We work with successful families and businesses in the region who are committed to financial independence. Our first meeting is always free and we welcome your interest.

Here is our contact information:

Acorn Financial
Drew Hefflefinger, CFP®
400 Amherst Street, Suite 303
Nashua, NH 03063
(603) 816-3404

Advisory services offered through Commonwealth Financial Network, a Registered Investment Adviser.

You may also be interested in these articles:

 The Acorn Blog
  • Acorn EDU - College

    When it comes down to it, we are asking 17-year-olds who have hardly held a job, never...

    Read more
  • Acorn EDU - Insurance

    We can provide lovely homes, reputable educations, never miss a game or recital, but if we are...

    Read more
  • Acorn EDU - BAE Hierarchy of Retirement Savings

    “I’m retired” sounds great – “I retired early” sounds even better. Saving more, saving faster, and investing...

    Read more
  • Acorn EDU - Target Date Funds

    Target Date Funds offer cheap, easy, and professionally managed solutions, but are they a best fit for...

    Read more
  • BAE Systems Inc. - Non-Roth, After Tax

    High-earners at BAE Systems have an opportunity to save an additional $20,000 or more into tax-advantaged retirement...

    Read more
  • Inside the Oak Tree

    Walking on a regular basis also promotes new connections between brain cells, staves off the usual withering...

    Read more
  • Inside the Oak Tree

    While he is well known for dramatically improving his athletes’ speed, more and more athletes (and coaches)...

    Read more
  • Inside the Oak Tree

    it was only two years ago that Whole Foods founder and CEO John Mackey predicted that groceries...

    Read more
  • Inside the Oak Tree

    Suzy Welch, spouse of former GE Chairman and CEO Jack Welch, interviews a candid, open, and thought...

    Read more
  • Inside the Oak Tree

    Our world is more mobile than ever, but what is going to fuel it?...

    Read more
  • Inside the Oak Tree

    How Google used artificial intelligence to transform Google Translate......

    Read more
  • Inside the Oak Tree

    This story about the workings of the human mind is explored through the personalities of two fascinating...

    Read more
  • Being Mortal by Atul Gawande

    ... Gawande offers examples of freer, more socially fulfilling models for assisting the infirm and dependent elderly,...

    Read more
  • TITAN: The Life of John D. Rockefeller, Sr.

    By: Ron Chernow
    John D. Rockefeller, Sr.--history's first billionaire and the patriarch of America's most famous dynasty--is...

    Read more
  • Stocks for The Long Run

    By: Jeremy J. Siegel
    The stock-investing classic--UPDATED TO HELP YOU WIN IN TODAY'S CHAOTIC GLOBAL ECONOMY Much...

    Read more
  • The Black Swan: The Impact of the Highly Improbable

    By: Nassim Nicholas Taleb
    A black swan is an event, positive or negative, that is deemed improbable...

    Read more
  • Influence: The Psychology of Persuasion

    By: Robert B. Cialdini
    Influence, the classic book on persuasion, explains the psychology of why people...

    Read more
  • Seeking Wisdom: From Darwin to Munger

    By: Peter Bevelin
    Peter Bevelin begins his fascinating book with Confucius' great wisdom: "A man who...

    Read more
  • The Outsiders: Eight Unconventional CEOs and Their Radically Rational Blueprint for Success

    By: William N. Thorndike
    What makes a successful CEO? Most people call to mind a familiar...

    Read more
  • Buffett: The Making of an American Capitalist

    By: Roger Lowenstein
    Since its hardcover publication in August of 1995, Buffett has appeared on the Wall...

    Read more
  • Good to Great: Why Some Companies Make the Leap...And Others Don't

    By: Jim Collins
    The Challenge:
    Built to Last, the defining management study of the nineties, showed how...

    Read more
  • Outliers: The Story of Success

    By: Malcom Gladwell
    In this stunning new book, Malcolm Gladwell takes us on an intellectual journey through...

    Read more
  • The Prize: The Epic Quest for Oil, Money, and Power

    By: Daniel Yergin
    "The Prize" recounts the panoramic history of oil -- and the struggle for wealth...

    Read more
  • The Rational Optimist: How Prosperity Evolves

    By: Matt Ridley
    In a bold and provocative interpretation of economic history, Matt Ridley, the New York...

    Read more
  • Steve Jobs

    By: Walter Isaacson
    Based on more than forty interviews with Jobs conducted over two years—as well as...

    Read more
  • Team of Rivals: The Political Genius of Abraham Lincoln

    By: Doris Kearns Goodwin
    The life and times of Abraham Lincoln have been analyzed and dissected in...

    Read more
  • Thinking, Fast and Slow

    By: Daniel Kahneman
    In the highly anticipated Thinking, Fast and Slow, Kahneman takes us on a groundbreaking...

    Read more
  • When Genius Failed: The Rise and Fall of Long-Term Capital Management

    By: Roger Lowenstein
    In this business classic—now with a new Afterword in which the author draws parallels...

    Read more