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Retirement Answer Man

Securing Their Future - Retiring with Special Needs Children

Retirement Answer Man

Roger Whitney, CFP®, CIMA®, RMA, CPWA®

Education, Investmentmanagement, Saving, Self-improvement, Careerplanning, Retirement, Business, Lifeplanning, Investing, Retirementplanning, Financialplanning, Retirementpodcast

4.61.2K Ratings

🗓️ 14 August 2024

⏱️ 51 minutes

🧾️ Download transcript

Summary

If you have a special needs child, you know that your retirement plan will need to include plans for their future. How do you create a great retirement while honoring and caring for your child with special needs who will most likely live beyond your...

Transcript

Click on a timestamp to play from that location

0:00.0

The show is a proud member of the Retirement Podcast Network.

0:04.4

Welcome to the show dedicated to helping you not just survive retirement,

0:07.8

but to have the confidence because you're doing the work

0:10.1

to really lean and rock it. My name is Roger Whitney.

0:14.0

By day I'm a practicing retirement planner with 30 years experience,

0:18.0

founder of agile retirement management.

0:20.0

And for the last 10 years or so, I've used this weekly podcast as my tool to hone my

0:27.7

craft as a retirement planner, but even more importantly to hopefully empower you to do your retirement planning well but not create a second job or new job in retirement.

0:40.8

The whole point of the exercise is to go create a great life, not to be a retirement

0:45.5

planner in retirement.

0:47.5

Today on the show we're going to continue our survey of unique retirements and focus on people that are retiring with children

0:56.2

with special needs or disabled children and how that adjusts the retirement

1:01.8

planning process.

1:02.8

To help us, we have Matt from Haystack Financial Planning

1:06.3

who focuses on people with disabilities

1:08.8

and people that have children with disabilities

1:11.5

in their financial planning.

1:13.0

And this will be a good primer on the subject.

1:16.0

Any one of these unique retirements we could dedicate a whole month to,

1:20.0

but I wanted to make sure we at least created some general knowledge of this so we can start going deeper in the months and years to come from a planning perspective.

1:30.0

In addition to that, we're going to have Nicole Mills on the show, she hasn't been on in a while,

1:35.2

to answer some of your questions around backdoor Roth contributions,

...

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