According to the most recent statistics, nearly 20% of children living in the United States have special healthcare needs, and close to 30% of U.S. households with children have at least one child with a special need. Among kids ages 3 to 17 with special needs, about 56% have a current mental health or behavioral diagnosis, such as ADHD, depression, or anxiety.1
Without question raising a child with special needs comes with unique challenges, and one of the most crucial aspects to consider is financial planning. Families navigating the complexities of caring for a special needs child must approach financial planning with a thoughtful and comprehensive strategy. In this report, we will broadly explore some of the key considerations required in such a strategy and offer practical tips for families seeking to ensure both the life-long well-being of their special needs loved one, and their own long-term financial security.
