Which life/LTD insurance policy would you choose with the below income situation?
Me: currently in school and making close to nothing. Upon graduating in September, will make $60k. In 2019, will begin another degree, lasting 3 years, and again not make an income. After that degree, income will be ~$150k.
Husband: currently makes $80k, will increase to $150k in next two years and remain at that level or higher.
Other factors: plan to have 2-3 kids in the next 6 years, as well as purchase a home. We live in a mid-COL area, and plan to stay here or similar.
So, for husband (for now)... whole or term policy? Amount? Life or disability or both?
*Obviously these number are my best guess, but let's assume they're accurate for the purpose of this exercise*