Caring for a child with special needs can be rewarding in many ways, but careful planning for the future is critical. Parents often need to adjust their financial and lifestyle goals in order to meet their child’s long-term needs as well as their own. Ameriprise financial advisors are available to discuss:
- How to approach planning for the future – emotionally and financially
- The types of professionals families may want to engage to help plan for multiple aspects – expected and unexpected - of their financial future
- Strategies for balancing financial obligations – such as saving for retirement and funding a child’s ongoing care needs
- Topics families should research such as tax exceptions and other state or federal government programs
Read about an Ameriprise advisor who specializes in working with clients who have a family member with special needs.