Skip to Main Content
Personal Finance After 50 For Dummies, 2nd Edition
book

Personal Finance After 50 For Dummies, 2nd Edition

by Eric Tyson, Robert C. Carlson
September 2018
Beginner content levelBeginner
480 pages
10h 40m
English
For Dummies
Content preview from Personal Finance After 50 For Dummies, 2nd Edition

Chapter 2

Protecting Your Employment Income and Your Health

IN THIS CHAPTER

check Evaluating your need for life insurance

check Seeing why most working people need disability coverage

check Making the most of your health

During your working years, especially your earlier working years, your future income earning ability is probably your most valuable asset. Consider that the typical person in his 20s and 30s has many years (decades, in fact) ahead of him to earn money to feed and clothe himself and make other expenditures (for example, transportation, taxes, medical bills, and vacations) and save for the future. Unless you’re independently wealthy (or have a deep-pocketed relative ready to provide long-term care for you if you hit hard times), you should carry the proper types and amounts of insurance to protect yourself and your family if something occurs to you that would affect your ability to earn a living. In this chapter, our focus is on protecting income you’re earning while employed.

Insurance isn’t free, of course. And, like other companies, insurance companies are in business to turn a profit. So you want to make sure you obtain proper insurance protection at a competitive price and buy ...

Become an O’Reilly member and get unlimited access to this title plus top books and audiobooks from O’Reilly and nearly 200 top publishers, thousands of courses curated by job role, 150+ live events each month,
and much more.
Start your free trial

You might also like

Personal Finance After 50 For Dummies, 3rd Edition

Personal Finance After 50 For Dummies, 3rd Edition

Eric Tyson, Robert C. Carlson
International Money and Finance, 9th Edition

International Money and Finance, 9th Edition

Michael Melvin, Stefan C. Norrbin

Publisher Resources

ISBN: 9781119543633Purchase book