Originally Posted by
Squallrider
Considering you're getting 35k a year (let's say you medical our later in life at 55 so 10 years 350,000)in return for 21,000 over 35 years it doesn't seem bad to me.
Agreed. I don't think it's such a bad deal. Obviously it's a cost but for what you can get out of it, I think it's reasonable.
If/when you need it you will be glad it's there and will then consider it a small price to pay.
For those on the fence about it, at least insure yourself for a small amount. $1,000 for instance. It will allow everyone else to get the insurance and will leave the door open for yourself to increase it to a worthwhile amount in the future if you so choose.