What Is the Likelihood of DisabilityOne of the biggest myths about disability is that it doesn’t happen to younger people. See the chart below showing the odds of having a long term disability (one lasting more than 90 days, before age 65) along with average duration of disability.
Likelihood of Disability Before Age 65 at Different Ages
Source: 1985 Commissioners’ Disability Individual Table A
Would you be able to sustain a loss of income for 32 months or more, if you were to suddenly experience a disability? Most people cannot. If you take some time to plan now, you can lessen the severity such an unfortunate event could have upon your finances.
Additional Long Term Care Strategies
Long Term Care - Shocking Facts Long Term Care - What is Right for You?
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