Company Retirement Plan
Retirement plan
retirement
10 commandments of retirement planning

X. You shall insure your ability to make money
Next
11 of 12
Back
X. You shall insure your ability to make money

Going through the retirement-planning process can become moot if catastrophe interrupts your ability to make, and therefore save, money.

"Insure your life and your ability to earn a living through disability," Kuhn says.

The amount you'll pay for insurance will be based on your age, occupation and income, but you can buy as much or as little insurance as your budget will allow.

"If you have a budget, you'll know how much you can set aside. Whatever that buys you, it's better than not having anything at all," says Kuhn.


 

 

advertisement

Show Bankrate's community sharing policy
          Connect with us
MORTGAGE HOME EQUITY AUTO CDs CREDIT CARDS
Product Rate Change Last week
30 year fixed, 0 point 4.19%  0.07 4.26%
15 year fixed, 0 point 3.23%  0.04 3.27%
5/1 ARM 3.34%  0.11 3.45%
 
View Rates in your area Next
Product Rate Change Last week
30K FICO-based HELOC 4.38%  0.01 4.39%
50K FICO-based HELOC 4.11% --0.00 4.11%
100K FICO-based HELOC 3.96% --0.00 3.96%
 
View Rates in your area Next
Product Rate Change Last week
60 month used car loan 2.63%  0.10 2.73%
48 month used car loan 2.90%  0.07 2.97%
60 month new car loan 3.16%  0.06 3.22%
 
View Rates in your area Next
Product Rate Change Last week
1 Year CD 0.90% --0.01 0.91%
2 Year CD 1.10%  0.02 1.08%
5 Year CD 1.74% --0.00 1.74%
 
View Rates in your area Next
Product Rate Change Last week
Balance Transfer Cards 15.66%  0.01 15.67%
Cash Back Cards 16.36% --0.00 16.36%
Low Interest Cards 10.87% --0.00 10.87%
 
Next
advertisement
CD & INVESTING NEWSLETTER

Learn the latest trends that will help grow your portfolio, plus tips on investing strategies. Delivered weekly.

Blog

Jennie Phipps

Ideas for ‘giving while living’

Consider these two ways to leverage your wealth to help your heirs while you're still around.  ... Read more

advertisement
Partner Center
advertisement

Connect with us