TyrionsNose
You’re not wrong, but that only applies to teachers in low cost of living areas. High cost of living teachers start at $55k these days.
I also wonder how it would work. My wife clocks in when she gets to school and clocks out when she leaves, but she still lesson plans and grades papers at home.
This is the same as me. I also have a policy on both my kids. It’s $10k and it’s so I don’t have to worry about funeral costs.
There are also plans like that and turn into a college fund but it’s probably just better to use a 529 for that.
But ultimately, in my opinion, it’s better to have a one on the bread winner of the family. But some people feel they are never necessary.
If you die young you don’t need insurance because your spouse is still hot and can re-marry easily. If you die older your children are out of college and can take care of themselves.
Everyone take or don’t take insurance policies for their own reasons and it’s hard to know exactly why unless they make it plainly obvious.
This comment doesn’t even make sense. For example, the USA government spent 37% compared to the GDP.
If you mean 10% of government spending towards science then that question makes sense.
The USA spends about $75billion of the $800billion defense budget on R&D. It spends another $120billion on non-defense R&D.
Which is about 1/31 of federal spending for the US.
As long as you didn’t drench that in ranch it’d probably still be fairly healthy.
That’s not the problem with the healthcare in the US, because that eventually flips and you hit your deductible every year.
The problem is you lose healthcare if you need to quit your job and you pay more than any other country. And I attribute that simply to the middle man, aka the health insurance companies. They don’t seem to provide any benefit other than contributing at least 10% for pure profit reasons to the $3.4 trillion we spend every year on healthcare.