Why You May Need Disability Insurance — Even if You Are Approaching Retirement

It's easy to believe you'll always be in great health, but the truth is, none of us knows what the future brings. You may be in great shape today but find yourself gravely ill or disabled within a few weeks. This change of events would inevitably muck up your retirement plans, and a loss in income could even leave you scrambling to keep up with regular bills. That's where disability insurance kicks in. This type of coverage can replace part of your income when you become sick or disabled and unable to work. Disability insurance isn't typically "cheap" per se, but it can be well worth it for the peace of mind alone - and even more valuable if you ever need to file a claim. Today we're going to talk about how this insurance works, what to look for in a policy, and why getting a free policy from your employer doesn't mean you're truly protected. We'll also talk about why you could need disability coverage in the last few years of your career. Listen to today's podcast episode to find out if you have enough protection. Show Notes & Links: www.youstaywealthy.com/44 DISCLAIMER: This podcast is for informational and entertainment purposes only and should not be relied upon as a basis for investment decisions. This podcast is not engaged in rendering legal, financial, or other professional services.