Women and disability risks

| Korving & Company, LLC

One of the biggest financial risks that people face is the risk of becoming disabled and not being able work for a considerable time.  The Social Security Administration estimates that one in four of today’s 20-year-olds will be disabled before they retire.

In 2005, 47.5 million adults (22{030251e622a83165372097b752b1e1477acc3e16319689a4bdeb1497eb0fac93} of all adults) reported a disability.

Women are more likely to be disabled than men.

Work related injuries represent less than 5{030251e622a83165372097b752b1e1477acc3e16319689a4bdeb1497eb0fac93} of disabilities.  According to the CDC (Centers for disease control) the primary problems are musculoskeletal disorders, and the number one cause is arthritis followed by back & spine problems.  Women are twice as likely to be disabled by arthritis as men.

Disability insurance is something that every working person should consider.

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Written By Korving & Company, LLC

Korving & Company is an investment management, financial advisor, and financial planning firm that specializes in working with retirees, couples who are serious about retirement planning, and women who have recently suffered the loss of a spouse.

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