When evaluating flood insurance, many people focus on a single question:

Do I need it?

I think there's a better question.

If your home suffered significant flood damage tomorrow, where would the money come from?

This week I spent some time looking at flood insurance, flood risk, and what retirees should consider when deciding whether they need coverage.

Watch the full episode on the Mr. Retirement YouTube channel: Do I Need Flood Insurance in Retirement? https://youtu.be/XRZKfiY1jGg

For disclosures and conflicts visit keilfp.com/disclosures.