Katie Song, a fee-only CFP, shares her expertise on the critical need for disability insurance, especially for high earners. She recounts Lacy's shocking experience with sudden hearing loss, illustrating how insurance can be a lifesaver in unexpected crises. The discussion emphasizes the importance of understanding policy nuances like the 'own occupation' clause, while also addressing the inadequacies of employer-sponsored insurance. Katie urges listeners to secure adequate coverage, demystifying complex insurance decisions to safeguard their financial futures.
