WCI #250: Marriage, Kids, and Finances
White Coat Investor Podcast
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Getting Life Insurance Before You're Pregnant
A two physician family in their early fifties with two kids and a current combined income of about 900 thousand dollars. We have no debt and plan to retire in five years. Our combined assets include about five million dollars in tax advantage accounts, two million in taxable one point three million ind five two nines,. forty five thousand in an h s, a 200 thousand dollars in cash, and additional one million in private equity estate. On the other hand, we could stomach a 50 % reduction in a bare market and still be over our financial independence number. Any suggestions?
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