Sound financial planning is more than paying bills on time, saving for retirement , or paying off debts.
 
It’s understanding your financial risks and mitigating those risks, or in other words, “insuring” against unexpected death, damage to or loss of home, auto, etc.
 
And don’t forget disability insurance – since we are prone to do that.
 
According to the Council for Disability Awareness, 18% of the population is classified as disabled.
 
In the past hour alone, almost 3,000 Americans became disabled.
 
And one-third of Americans will become disabled before they retire
 
It’s a matter of awareness – and focus.
 
The water-cooler talk at work may focus on rising employer-subsidized insurance premiums.  And political wars have government battling insurance companies in the health care debates.
 
Regardless of where you come down on those issues, they may distract attention away from more simple basic, personal questions such as-

• Do I have disability insurance? Is it short-term, long-term? What is the monthly cost(s)?
• What will it cover if I become disabled? What types of claims would not be covered?
   
• Have I adequately assessed my financial needs to ensue my benefits would be enough?

Clearly, couples can’t ignore determining whether they  “have enough insurance” or not.
 
You can get a jumpstart on those conversations – and protecting your financial future - by clicking on the Insurance link above.
 
Read related-articles, do “what-if” analysis and find answers to questions such as “How much life insurance do I need?” or “How much disability income do I need?
 
So that if one day the goose can't lay any more eggs, the golden eggs won't disappear!