By: Rachel Hartman | Reviewed by Susannah Snider, CFP | Edited by Tracy Stewart | May 8, 2024
One in 4 Americans will become disabled by age 67, according to the Social Security Administration. “That means you could lose your greatest asset – your ability to earn an income,” said Steve Azoury, a financial advisor and owner of Azoury Financial in Troy, Michigan, in an email. Social Security disability insurance is designed to replace some of this lost income if you have a medical condition and can no longer work.
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