How to Insure Your Income: How Much Income Insurance Do You Need? Conclusion

This chapter has given you some guidelines for calculating your need for income insurance. Most people use individual disability income insurance to accomplish this -- but there are other ways to insure income.

Whatever mechanism you choose, you can use the needs analysis tools described in this chapter to figure out how much coverage you should have.

Throughout this book, we'll consider various mechanisms for insuring your income. If you aren't certain about how much of these kinds of insurance you need, refer back to this chapter -- especially the early sections -- for tips on how to do the right calculations.