Was hoping for some opinions.
Double physician income (I'm EM and wife is nephro). Disability insurance cost running at about 5k for me and 3.5k for her. Thoughts on us dropping her disability insurance to free up that yearly cash?
We both have it and will until we are FI (or maybe close to FI…. we haven’t decided yet exactly when we will drop it). We are in our early 30s, Anes/ Cards, I finished residency 3 years ago, husband just finished fellowship. We have 3 kids and are pregnant again. DI would give us the ability to continue to fund taxable account, pay student loans, and kids’ college educations. One of our salaries can pay all the normal expenses but things would be tight.
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