Protecting your income
BusinessWeek had an online article this week urging people to get disability insurance. It touched on the no no of touching retirement accounts.
As the article stated: “Digging into retirement accounts before retiring is a big no-no. Americans should heed two methods to safeguard savings: set aside a liquid cushion and buy disability insurance.”
Also the article went on to say: “If you have the right disability protection in place, then you won’t have to worry about liquidating or discontinuing your retirement savings because of a debilitating injury or illness.”
