Originally Posted by
TOGA Thrust
Yeah, LOL insurance premiums are eye popping! Pay the premiums to your self.
Figure out a way to have access to about $100k (save it, have a 401k loan ready to go, whatever) that with LTD tax free of $8000/month ($11,000/month in Oct) should cover you for about 2.5-3.0 years.
I speak from to much experience. Being out on LTD really focuses the mind on saving $’s. You would be amazed how much you can save. (I sold my car - I figure who needs two cars when out on LTD?)
Thanks for the advice. Having $100k ready to go should be no issue. Looking at the LTD for the various companies, it seems like most of us could live a comfortable lifestyle on that alone.