Listen "EP 68 Do You Have Enough Coverage?"
Episode Synopsis
Welcome back to the Roadmap Retirement Podcast, returning for a second time, I am talking with Alex Wesdorf today to talk about the often-avoided topic of disability insurance.
This episode explores the critical need for disability insurance, especially for self-employed individuals and W2 employees who might not fully comprehend their existing benefits. We discuss real-life scenarios, such as the impact of injuries and the undervalued risk of cognitive issues. Highlights include the inadequate default benefits provided by employers, the importance of considering future medical costs, and how critical insurance can be in shielding your family’s financial future.
We also touch on the crucial role that employers play in educating their employees about available benefits and provide actionable advice: review your benefits booklet and consult with a financial advisor to ensure you’re adequately covered. This episode is a comprehensive guide to understanding why disability insurance should be an integral part of your financial planning.
This episode explores the critical need for disability insurance, especially for self-employed individuals and W2 employees who might not fully comprehend their existing benefits. We discuss real-life scenarios, such as the impact of injuries and the undervalued risk of cognitive issues. Highlights include the inadequate default benefits provided by employers, the importance of considering future medical costs, and how critical insurance can be in shielding your family’s financial future.
We also touch on the crucial role that employers play in educating their employees about available benefits and provide actionable advice: review your benefits booklet and consult with a financial advisor to ensure you’re adequately covered. This episode is a comprehensive guide to understanding why disability insurance should be an integral part of your financial planning.
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