How Much Disability Insurance To Buy?

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   Steve Savant

   Syndicated Financial Columnist, Host of the weekly talk show Steve Savant's Money, the Name of the Game, Scottsdale Arizona

   Disability insurance is an important part of defensive planning. If you have a lot to lose if you can't work, then protect your paycheck with disability insurance. You can cover up to 60% of your annual compensation and the benefits are tax free. when you consider that most American workers have less than 90 days in cash reserves, the decision becomes clear.

   Answered on August 4, 2013

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