
By Ermos Erotocritou, CFP
Special to the Financial Independence Hub
When a person suffers an illness or injury, it may take some time to know how long it will last, and how long it will keep the person from earning an income.
Hopefully, the disability will last a short time. However, in many instances, the disability can last for a long period of time, perhaps for life. The consequences facing an individual will tend to vary with the length of time a person is disabled.
The consequences will also extend beyond financial concerns. While every everyone is different, and will react differently to events in life, there are some commonalties that tend to occur among people who experience a disability.
Possible consequences of short-term disability