RE: Retirement (disability) strategy

[Guest guest]

Lucy and Joe

Is there a possibility of going on long term disability before retirement?

This is what I plan to do which will give me more money, the same insurance

and help applying for SDI.

laurie

>

> Reply-To:

> Date: Mon, 5 Jan 2004 15:19:09 -0000

> To:

> Subject: Retirement (disability) strategy

>

> HI Joe

>

> I find myself in a very similar position to yours. For me, I realised 5

> years ago that I would no way be able to make normal retirement age. This

> was because my existing symptoms were made worse (and some new symptoms

> added) after a fairly serious car accident. I'm also 39, divorced, no kids.

>

> I chose to focus on owning my house - this was a piece of security

> (literally and emotionally) which was / is really important to me. I

> finally paid it off last year

>

> Now I'm in a strange position. Like you, working full time is becoming

> increasingly hard. This is despite a very understanding employer (I work

> for a pharmaceutical company and they are really supportive wrt employee

> health). I just had two months sick leave, and so I KNOW I would feel

> better if I cut the hours in my contract eg three days a week, with a

> corresponding cut in pay. But then I worry about the financial implications

> both now and later. I don't know what to do for the best, either

>

> Lucy

>

>

> Medical advice, information, opinions, data and statements contained herein

> are not necessarily those of the list moderators. The author of this e mail is

> entirely responsible for its content. List members are reminded of their

> responsibility to evaluate the content of the postings and consult with their

> physicians regarding changes in their own treatment.

>

> Personal attacks are not permitted on the list and anyone who sends one is

> automatically moderated or removed depending on the severity of the attack.

>

>

>

> ----------------------------------------------------------------------------

>

>

[Guest guest]

Laurie, I was on short term disability for a year post leaving my teaching position, then the long term kicked in. My long term disability has followed me after my retirement I receive it in conjunction with my SDI and disability pension. Maybe our policies are different? Mine is a guarantee of a certain income level and continues until I am 70. Ruth

Retirement (disability) strategy> > HI Joe> > I find myself in a very similar position to yours. For me, I realised 5> years ago that I would no way be able to make normal retirement age. This> was because my existing symptoms were made worse (and some new symptoms> added) after a fairly serious car accident. I'm also 39, divorced, no kids.> > I chose to focus on owning my house - this was a piece of security> (literally and emotionally) which was / is really important to me. I> finally paid it off last year> > Now I'm in a strange position. Like you, working full time is becoming> increasingly hard. This is despite a very understanding employer (I work> for a pharmaceutical company and they are really supportive wrt employee> health). I just had two months sick leave, and so I KNOW I would feel> better if I cut the hours in my contract eg three days a week, with a> corresponding cut in pay. But then I worry about the financial implications> both now and later. I don't know what to do for the best, either> > Lucy> > > Medical advice, information, opinions, data and statements contained herein> are not necessarily those of the list moderators. The author of this e mail is> entirely responsible for its content. List members are reminded of their> responsibility to evaluate the content of the postings and consult with their> physicians regarding changes in their own treatment.> > Personal attacks are not permitted on the list and anyone who sends one is> automatically moderated or removed depending on the severity of the attack.> > > > ----------------------------------------------------------------------------> >

[Guest guest]

Yo Joe,

My situation was much like yours. I worked for the State of PA.,

Department of Environmental Protection for 18 years before my disability

forced retirement at 45 years of age. I was single and had a mortgage. My

house was located 10 miles from the nearest town, burg, PA. I was able

to get on SSI about a year after I retired. I live off of my pension and

SSI. I was having problems with the upkeep of my house. One bad winter I

was trapped at home for 21 days because of snow. Working around my home I

had fallen several times. One time I fell and broke my arm and another time

my leg. It became evident I could not live alone, at least not in a rural

situation. I was really fortunate to have two friends that were in the

process of buying a house. They asked if I would be interested in living

with them. I sold my house and used the profits to make changes(I am in a

wheel chair) to the house I was moving to. This has been a good situation

for me. The last few years living alone were hard. I was going through

treatments and on several drugs that effected me physically and

emotionally. Now I am living in State College, PA, utilizing some of what

the university has to offer and I live with friends who help me have

somewhat of a normal life. Plus, I no longer have to endure the treatments

and no more prednisone!

If you chose to stay in your house I think having someone living with

you is an excellent idea. Maintenance of your home will become difficult.

You will need help with it and the friendship of others will help you deal

with disability. If I can be of any help my email address is

davidlo@.... Dave

> [Original Message]

>

> To: < >

> Date: 1/5/2004 6:07:52 AM

> Subject: Retirement (disability) strategy

>

> I don't have the results of my biopsy back yet, but I've been

> thinking about this stuff for a while now. After a few years of

> decline, and not being able to maintain 40hr/week for part of this, I

> realized that I need to adjust my retirement expectations. Whether or

> not Mito is involved, the trend is leaning toward me not making it to

> normal retirement age.

>

> My thinking is that I may end up on disability and have to choose

> between two different situation. The first is if I continue

> contributing to my meager retirement funds, I will need to deplete

> them when I start disability and will not own my house. I will need

> government housing.

>

> So, I've stopped contributing to a retirement fund, and am instead

> planning to accelerate my house payments. Under this situation, I may

> pay off my house before I hit disability. Then I will be able to

> live in my own home, and can even use it for income if I rent part of

> the house (it would take a minimal investment to modify the house for

> this).

>

> I should also add that I'm 39, never married or had kids.

>

> What do you all think?

>

> Joe Dunfee

>

>

> Medical advice, information, opinions, data and statements contained

herein are not necessarily those of the list moderators. The author of this

e mail is entirely responsible for its content. List members are reminded

of their responsibility to evaluate the content of the postings and consult

with their physicians regarding changes in their own treatment.

>

> Personal attacks are not permitted on the list and anyone who sends one

is automatically moderated or removed depending on the severity of the

attack.

>

>

>

[Guest guest]

Ruth

That is great. My long term lasts for 2 years, but once on SDI (which they

help you get), they subtract the amount of the SDI from the long term

amount. I wish I had your plan.

laurie

>

> Reply-To:

> Date: Tue, 6 Jan 2004 05:08:16 -0500

> To: < >

> Subject: RE: Retirement (disability) strategy

>

> Laurie, I was on short term disability for a year post leaving my teaching

> position, then the long term kicked in. My long term disability has

> followed me after my retirement I receive it in conjunction with my SDI and

> disability pension. Maybe our policies are different? Mine is a guarantee

> of a certain income level and continues until I am 70. Ruth

> Retirement (disability) strategy

>>

>> HI Joe

>>

>> I find myself in a very similar position to yours. For me, I realised 5

>> years ago that I would no way be able to make normal retirement age.

> This

>> was because my existing symptoms were made worse (and some new symptoms

>> added) after a fairly serious car accident. I'm also 39, divorced, no

> kids.

>>

>> I chose to focus on owning my house - this was a piece of security

>> (literally and emotionally) which was / is really important to me. I

>> finally paid it off last year

>>

>> Now I'm in a strange position. Like you, working full time is becoming

>> increasingly hard. This is despite a very understanding employer (I

> work

>> for a pharmaceutical company and they are really supportive wrt employee

>> health). I just had two months sick leave, and so I KNOW I would feel

>> better if I cut the hours in my contract eg three days a week, with a

>> corresponding cut in pay. But then I worry about the financial

> implications

>> both now and later. I don't know what to do for the best, either

>>

>> Lucy

>>

>>

>> Medical advice, information, opinions, data and statements contained

> herein

>> are not necessarily those of the list moderators. The author of this e

> mail is

>> entirely responsible for its content. List members are reminded of their

>> responsibility to evaluate the content of the postings and consult with

> their

>> physicians regarding changes in their own treatment.

>>

>> Personal attacks are not permitted on the list and anyone who sends one

> is

>> automatically moderated or removed depending on the severity of the

> attack.

>>

>>

>>

>

>

>> --------------------------------------------------------------------------

> --

>>

>>