Social Security Report

Retiring with a Disabled Dependent

Retirement planning is enough of a dredge without having a dependent that you will have to support aside from yourself. Having a disabled child that is not or cannot be financially independent changes how you look at retirement plans. In this situation it is very important to be well versed in the Social Security Disability Benefits area and how it is affected by your personal earnings and situation. One more thing to consider is that your cost of living may not decrease in retirement if you have a disabled dependent, where as an individual would see a 20% decrease on average in living expenses. These and other problems are gone over by Robert Berger in his article with the U.S. News on their web site.

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