Are you financially prepared for disability?

You, disabled? What are your chances? Higher than you probably think. You can ignore the problem, but it’s hard to ignore the facts:

Just over 1 in 4 of today’s 20-year-olds will become disabled before they retire.1

And contrary to common belief, accidents aren't the leading cause. Illnesses like back injuries, cancer, heart disease, and other conditions are responsible for the vast majority of long-term disabilities.

Would you be ready if it happened to you? Chances are, no. Most Americans lack adequate disability insurance—or emergency savings—to cover expenses while being out of work. In fact, the average long-term disability claim lasts around 3 years.2

Imagine you’re suddenly unable to work. Without an income, you quickly exhaust your savings, undermining your family’s financial security. Your plans for vacations, your children's education, and your retirement are put on hold. Every dollar now goes to cover basics—groceries, gas, and medical bills. The emotional and financial toll can be overwhelming.

And if the disability persists—as it does for many—the financial impact can be long-lasting. According to the Federal Reserve, over a third of adults would have difficulty covering an unexpected $400 expense.3 Living paycheck to paycheck is the norm for many, making long-term disability an even more precarious situation.

Preparation can make all the difference. Disability Insurance can help replace a portion of your income if you’re unable to work. Take proactive steps:

  • Use an online disability calculator to estimate your risk and potential coverage needs.
  • Assess your emergency savings—aim for at least 3–6 months of living expenses.
  • Speak with a licensed agent about income protection strategies tailored to your situation.

Protecting your income can be just as essential as insuring your home or car. Don’t wait until it’s too late—take control of your financial security now.

1Social Security Fact Sheet, Social Security Administration, February 7, 2024

2“How Long Do Long-Term Disability Insurance Benefits Last?”, Policygenius, updated February 2024

3Report on the Economic Well-Being of U.S. Households in 2023, Federal Reserve, May 2024

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