Yet terrible tragedies happen to people who didn’t expect them every day of the year.
You can’t take a vaccine to immunize yourself against ill fortune.
But you can prepare for disasters before they happen.
That way, when they strike, you – and your family – will survive … with the minimum hardship possible.
In particular, here are 5 things I think you should do now to protect yourself against future problems and headaches:
1. Become financially secure.
Money can protect you against many disasters, and make many others easier to bear.
How much wealth should you strive to accumulate?
I recommend a goal of $2 million in liquid assets.
Reason: $2 million invested at 10% annual return produces an income of $200,000.
If a catastrophic illness or other crisis prevents you from working, you can just live off your investments.
And if your business fails or ...(register to read more)