When Retirement comes Sooner than Planned

retirement comes early

retirement comes earlyAbingdon, Bristol and Johnson City

Depending on your age, retirement may be just around the corner, or a couple of decades away. And, for some, that day may come sooner than you had planned due to a disability. Most Americans, especially those far off from retirement tend not to save all that much or take the necessary steps to prepare for retirement. After all, it seems so far in the distant future. If this sounds like you, maybe you thought you had plenty of time to stash back some cash before you retire. But, now you have found yourself facing retirement much earlier than you ever imagined, and it isn’t by choice either.

Social security disability attorney in Johnson City at the Law Offices of Michael R. Munsey, P.C., want you to know how you can make it through the rest of your years with a potential disability benefit to help. First, consider all options of possible income.

If you aren’t able to continue working in the same capacity as before, you may be eligible for social security disability insurance. However, you may want to explore other options of income for your own personal reasons or for financial reasons. Here are a few other options to consider.

Is it possible that you can work part-time or flexible hours?

Maybe your previous job required you to work full-time, five days a week, and the physical burden of that is simply too demanding due to your disability. Explore the option with your employer of possibly working part-time or flexible hours. While your body may not be able to handle working five days a week, maybe two days would be more manageable for you.

Is a work-from-home job a possibility?

Maybe even working from home is an option if your position allows for that type of work setting. If not, ask your employer about another position that you could qualify for that would allow you to work from home. This could be exceptionally helpful if your disability enables you to get around much or is a significant burden to get up, get ready, and out the door every day.

Explore other job options

Depending on your education and experience, you may even be able to switch jobs entirely. Because of the Americans with Disabilities Act, no employer is allowed to discriminate against anyone with a disability, seen or unseen. Plus, your current employer, by law, has to offer you reasonable accommodations due to your disability. Also, depending on your condition, maybe you are able to make money from a hobby that you can work on from home. So, whether you’re looking for a new job or another position with your current employer, consider exploring other job options before you make retiring early a final decision.

Benefits of continuing to work, if you are able

There are many benefits to continuing work, as long as you are able, including:

  • Emotional well-being
  • Quality of life
  • Job satisfaction
  • Higher income, possibly

While you may qualify for social security disability benefits, the benefit amount may not be enough to entirely replace your income from when you worked. It is for this reason alone that you may want to consider other options before applying for benefits. Also, people who work tend to have improved emotional well-being, they feel like they have a purpose and better quality of life.

These are a few points to consider if you are looking to retire early due to a disability. If you would like to learn more or see if you qualify for disability benefits, please call the Law Offices of Michael R. Munsey, P.C., at (276) 451-2056.

Representing the injured and disabled for more than 30 years, the Law Offices of Michael R. Munsey, PC, are proud to serve clients in Bristol, Kingsport and Johnson City, Tennessee, as well as Bristol, Virginia.