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WR salary allocation to insurance
how much of % of your salary do you allocate to insurance?
Replies
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10% if young & single I guess. Insurance seems to be needed more when starting a family.
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About 20%
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About 20% per month
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About 12-15% of my salary
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Agree with SuperMan, depends on requirements.
The number of dependents and living standard doesn’t scale linearly with salary! -
appx 15-20%
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Approximately 10%
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I don't use a fixed percentage figure, but instead insure based on what I need, and increase it as I enter a different stage of life, or have more dependents.
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i only get what is needed. it does not need to be allocated based on salary
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about 3%
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what kind of insurance?
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about 15%!
