Not Me, Not Them, Not Now, Not Ever - Right (Sarcasm)

Planning for retirement involves considering various scenarios, including the possibility of a child becoming disabled. The level of support you provide—full, some, or none—depends on factors such as your emotional bond, financial capabilities, and sense of responsibility. Will you take them into your home, or help them maintain independence?

Assessing your ability to support a disabled child is crucial. This is why, as part of our asset protection planning, we encourage retired clients to consider these possibilities. Discussing individually owned disability insurance with your children and grandchildren can provide a safety net, ensuring they are cared for financially without jeopardizing your retirement stability. By planning ahead, you can make informed decisions that balance your needs with your sense of duty and emotional connection to your family.