Getting Life Insurance Before You're Pregnant

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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?

Dr. Disha Spath is hosting with us again this week! Together we answer questions about marriage, family and finances. We talk about merging finances when you get married, 529 and UTMA accounts, how to manage complicated trusts, and how to add beneficiaries to trusts. We also discuss the importance of women getting their term life and disability insurance in place well before they become pregnant. See the show notes at https://www.whitecoatinvestor.com/marriage-kids-and-finances

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The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor is for you!

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