Week 50 Day 4: Disability Insurance: Protecting Your Earning Power

Your ability to earn income is your most valuable financial asset. A 35-year-old earning $75,000 per year will earn over $2 million before retirement. Disability insurance replaces a portion of your i...

Your ability to earn income is your most valuable financial asset. A 35-year-old earning $75,000 per year will earn over $2 million before retirement. Disability insurance replaces a portion of your income (typically 60-70%) if an illness or injury prevents you from working. One in four workers will experience a disability lasting more than 90 days before reaching retirement age. This risk is far more likely than premature death.