Biggest asset

Do you know what is the biggest asset in your life?
Do you think it is your house? your jewellery? your car? your money? your business? etc.






Of course not!






It is you!

It is your ability to earn income. That is the biggest asset in your life. All the plans that you have for yourself and your family's future is based on the assumption that you can continue to earn an income. Whether working in your job, managing your own business, managing your investments, etc. All of that takes your ability and your time to earn the income. If you lose that ability, how can you maintain your life style? can you service your home loan? can you send your kids to good universities? can you build up a retirement fund? Can you?

This is why a disability coverage is important. It is to replace your lost income. You can even calculate your self how much future earnings you will lost if you suddenly are unable to work.


Let's assume a 35 years old earning $50,000 a year. If he is suppose to work until he is age 55 which is the retirement age, that means he still got another 20 years to earn. What if he is suddenly disabled, how much future earnings does he lose? With a simple calculation, it will be $1 million worth of income that he lose. This is very simple calculation. But the number should be much more, because I did not take into account his increase in wages when he got promoted, I also did not take into account his yearly bonuses, etc. Maybe the number could be $2-3 million.

Believe me. Majority of people's savings will only be enough to last them a few years at most. Maybe only a few months for many of them. Then what will happen?

Think!! It is your life and your loved ones. Take action and be responsible now.



Cheers! Have a great day.


Image from totalticketsystem.com