This is single best financial optimization most geeks of my acquaintance have not done yet.https://twitter.com/dvassallo/status/1214701616579764224 …
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I work for the Internet, at @stripe, mostly on accelerating startups. Opinions here are my own.
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Patrick McKenzie Retweeted Daniel Vassallo
This is single best financial optimization most geeks of my acquaintance have not done yet.https://twitter.com/dvassallo/status/1214701616579764224 …
Patrick McKenzie added,
"I think I have life insurance through work?" Get private insurance anyhow. A lot of the black swans that can hit young, healthy people will make you uninsurable in later years of the policy you could get now and/or will make you want to quit to spend limited time w/ family.
"I have like a million dollars of it, thanks." The marginal cost of the second and third million dollars are very small next to your monthly income, you're presently underinsured relative to your earning power, and your heirs will not regret the extra money in event they need it
*shrug* I would likely tick the box if I had a US residence, a US business in active operation, or a lot of assets available to potential litigants. I don't presently have this sort of policy but probably will sometime this year.
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