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If you have a high income you can more easily solve this problem with insurance than accumulating a huge amount of capital.
by harryh 7y ago
If you have a high income you can more easily solve this problem with insurance than accumulating a huge amount of capital.
- metalliqaz 7y agoHe's talking about not being able to work anymore.
- harryh 7y agoYes, I know. That is what disability insurance is for.
- lotsofpulp 7y agoCost of family health insurance is $20k to $25k per year, plus a $13k out of pocket maximum, so annual healthcare costs with insurance can be $40k pre-tax easily. Not including any travel, hotel stays, spouse having to take time off work to take care of you, etc.