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How Social Security Disability is Calculated

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Devin Carroll

In this video I’m going to tell you how a Social Security disability benefit is calculated. When we're finished here, you won’t have to just take the word of the Social Security Administration, you’ll know how to do the calculation for yourself so you can doublecheck their numbers and be certain that your estimate is correct. And this video isn’t just for those who are disabled either. I think that anyone’s plan for retirement should always include a piece for the unexpected “what ifs” of life. So this video is really for anyone who is planning for retirement and wants to understand how a disability benefit is calculated so you can plan your future, whatever it may hold.

Resources related to this video:
My course https://www.devincarroll.com/enroll

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SSA Page on SSDI dropout years https://secure.ssa.gov/poms.nsf/lnx/0...

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Get the Ultimate Social Security Cheat Sheet! It takes the essential information from the 100,000 page Social Security website and condenses it down to just one page!

We can show you how to retire with confidence! In our Retirement Roadmap plan, we can help make your retirement savings last longer and reduce your taxes by coordinating your Social Security filing strategy, retirement account withdrawals, and Roth conversions. Schedule your call and see if this plan is a fit for you. https://www.devincarroll.com/roadmap

If you're preparing for retirement or already enjoying it, you'll definitely want to catch my podcast, Big Picture Retirement. Your retirement's success hinges on seeing the "big picture" and tying together your legal, tax, and financial strategies. On the show, we dive deep to offer insights on effective planning, and I'm joined by my cohosts attorney John Ross and yours truly, financial planner Devin Carroll. https://www.bigpictureretirement.com/

➡ Want to hire Devin and his team? https://www.carrolladvisory.com

Don’t miss my free online workshop, “How to Choose the RIGHT Age to File for Social Security.” In this workshop you’ll learn:
✔The Most Important Factors to Consider BEFORE You File for Benefits
✔How to Coordinate Your Social Security Filing Decision with Your Other Assets & Income for a Tax Efficient Distribution Strategy
✔Why This Is The Biggest Decision of Your Retirement

Access the workshop today at this link
https://www.devincarroll.com/SSessent...

➡ Get a copy of my bestselling book, Social Security Basics, here https://amzn.to/2twsABZ

➡ Social Security Questions? Join my FREE Facebook Group!   / 428684237572614  

HEAR YE HEAR YE: Some of my videos contain links to third party products, apps, and services. If you click through, I may receive a small referral fee to my media company (Carroll Media Properties) through their referral program. Rest assured, I only recommend products or services that I believe will be helpful and informative to my audience.

⭐⚠⭐Please read this⭐⚠⭐

⚠I am not an attorney, SSDI advocate, or affiliated with the Social Security Administration or any other entity of the US Federal Government. I am a practicing financial planner, but I’m not YOUR financial planner and since I don’t really know you, I can’t give you advice. So please don’t take this video as specific advice for your specific situation. Consult your own tax, legal and financial advisors.

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