to determine how much disability insurance to buy?
We don't yet formally model disability, but hope to do so in the coming year. But here is an easy way to use the current program to incorporate disability. You just set up a profile assuming the person is disabled and enter the amount of disability payments you'd like the person to have each year as annual special receipts. You'll see the resulting living standard. If you're not happy with it, you'll raise or lower the annual disability payments. Once you are satisfied, run the profile that assumes no disability, but enter the disability premium payments as special expenditures.
best, Larry
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