You are here: Home Survivorship Tools Budget If Disabled
Information about all aspects of finances affected by a serious health condition. Includes income sources such as work, investments, and private and government disability programs, and expenses such as medical bills, and how to deal with financial problems.
Information about all aspects of health care from choosing a doctor and treatment, staying safe in a hospital, to end of life care. Includes how to obtain, choose and maximize health insurance policies.
Answers to your practical questions such as how to travel safely despite your health condition, how to avoid getting infected by a pet, and what to say or not say to an insurance company.

Budget If Disabled

My Cash Flow On Disability

DATE
LAST REVISED:

Income

Income Sources Current 1st 6 Months of Disabilty After 6 Months
Your Job
Spouse/Partner's Job (if any)
Other Job
Self-Employment Income
Unemployment Benefits
Short-Term Disability Income (State)
Short-Term Disability Income (Employer)
Private Long-Term Disability
Social Security Disability Income
Pension Income
Supplemental Security Income
Food Stamps
Other Income:
Other Income:
Total Income

Medical Expenses

Expense Current 1st 29 Months After 29 Months
Insurance Premiums
Deductibles
Medical office/hospital copayments
Prescription & Prescription copayments
Eyeglasses / Contact Lenses
Over-the-counter Medications
Nutritional Supplements
Medical Equipment
Medical Supplies
Home Care
Dental
Therapy
Alternative Therapies
Experimental Treatments
Other
Total Medical Care

Food

Type Current If Disabled
Supermarket
Restaurant / Takeout
Tobacco / Alcohol
Vitamins
Other
Other
Total Food

Transportation

Expense Current If Disabled
Car loan(s) and/or lease(s)
Auto 1 Insurance
Auto 2 Insurance
Gasoline, Oil
Maintenance, Repair
Public Transportation
Tolls
Registration
Other
Other
Total Transportation

Household Expenses

Expense Current If Disabled
Rent / Mortgage Payments / Maintenance
Electricity
Oil
Gas
Water / Sewer
Telephone
Mobile Phone(s)
Cable / Satellite TV
Internet Access
Property Taxes
Renters or Home Insurance
Maintenance / Repairs
Home Furnishings
Other
Other
Total Household Expenses

Personal Care

Personal Care Current If Disabled
Hair Care / Haircuts
Wigs / Hairpieces
Makeup
Toiletries
Clothing
Dry Cleaning / Laundry
Tailor
Gym Membership
Other
Other
Total Personal Care

Recreation

Type of Recreation, Hobby, Etc. Current If Disabled
Vacation / Travel
Movies / Theatre
Parties At Home
Newspapers, Books
Music CDs
Software
Pet Food / Supplies
Vet Expenses
Movie Rentals / Videos
Other
Other
Total Recreation

Professional Services (Non-Medical)

Service Current If Disabled
Lawyer
Accountant
Financial Planner
Other
Other
Total Professional Services

Childcare

Childcare Current If Disabled
Day Care / Babysitting
Toys / Clothing
Education / Books
Other
Other
Total Childcare

Debts and Obligations

Category Current If Disabled
Estimated Federal Tax Payments
Estimated State Tax Payments
Alimony / Child Support
Credit Card Payments
Student Loans
Other
Other
Total Debts and Obligations

Savings and Income Protection

Savings and Income Protection Current If Disabled
"Just In Case" Fund
Disability insurance not paid through employer
Life insurance not paid through employer
Investments
Other
Other
Total Savings

Gifts and Contributions

Savings and Income Protection Current If Disabled
Birthday Gifts
Holiday Gifts
Place of Worship
Other Charities
Other
Other
Total Gifts and Contributions

  When do you want to plan for going on disability? Month  
      Year  
           
  What inflation rate do you want to account for?        

Monthly Cash Flow Projections For Disability Lasting Up To 5 Years

       
  Today through through through through through through through  
     
  Monthly Income  
  Monthly Expenses  
  Monthly¬† Cash Flow  

 

Savings Needed To Supplement Income*

 
     
  Length of Disability Amount to Save by Start of Disability  
  One Year  
  Two Years  
  Three Years  
  Four Years  
  Five Years  
 
  (*assuming 4% after-tax return on savings during disability.¬† See Investing for Your Time Horizon)