NO income. NO job. Say you broke your back. Boom. No income. Not an on the job injury. It could take 5 years easily to get an approval for disability. How long would you be able to make your payments, etc?
Ridiculous scenario, if I broke my back I would be approved for S.S. Disability within 5 months. I would then convert my 401-K to an Ira and start dipping into it to supplement my disability.......
Next question.......