For a single parent managing professional and personal life is a daunting task. With no support at hand many times they have to rely on professionals especially where children’s care is involved. Life gets tough when there is a special needs child to care.
For a parent having a special needs child to care it’s a difficult task to set priorities. All goals associated with child care looks to be important. It might be easier with traditional goals like retirement, education or marriage. But with special needs child, the continuous and life-long care makes it difficult to identify the goals.
Financial planning for special needs children families involves much more than house, car, and retirement. Let’s consider the goal of Retirement. When you have a special need dependent than it’s not only about self-retirement. You have to make provision for special need lifetime also after your retirement. Even your retirement expenses will include the special need care expenses.
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