Strategies for retirement for family with special needs adult child
Just discovered this site and am learning so much already.
DH and i are late 50s (I guess we're late for early retirement!).
One child launched and self supporting.
Other has significant developmental disabilities and will likely never be independent.
She is registered and receives all available support through our state, lives with us and works in a supported employment workshop. She is incredibly social and does make tbe most of her abilities. We have legal guardianship in place and she is on the VERY long housing list.
We have established a special needs trust that will be funded when we are gone.
I wonder what else we should be pursuing to provide for her future and yet be able to retire in 5-10 years. We've been saving for retirement forever and I have a pension fron long time employment. Hope we will be ok.
Anyone here care to share ideas we should consider in relations to our special needs daughter?
Thanks in advance!