where do u start when u get sick and have to retire and u only get 2000.00 a month and nothing saved.?

Question

no mortgage,one car note,no bonds,no stocks,one credit cars.

Answer 1

I would definitely establish a budget and stick with it. I would keep track of my medical visits (keep records) and after 1 year has pass, file a disability claim with the Social Security Administration. I would try to make your car operate as long as possible and continue paying it off. Plus you will have car insurance, gas, and license plate renewal fees. As far as your taxes are concerned you will get $24,000 for the year. You did not say if you are married or not, so I'm assuming you are single. So using 2006 tax info you can subtract $8,450 (your standard deduction and 1 exemption) and that will leave you with $15,550 taxable income. You would pay $1,959 in federal taxes. If you were an Illinois resident you would pay (3%) $467 in state taxes. Your first year will be the hardest because you would be getting used to your new lifestyle. But you could manage if you watch yourself. Go to your local library and look at a couple of books on managing your money or some budget books. They will have many ideas for you. Good Luck

Answer 2

It is a difficult stiuation I agree.

I assume your monthy income is comprised of Soc Sec disability if you are not already old enough to collect regular SS, and a pension.

Were you in the military? Did you serve in Vietnam? Do you have diabetes perchance? If so you are due at least a pratial compensation as all veteran were in country dure the conflict and develop diabetes are assumed to have been exposed to Agent Orange. As such it is automatically assumed the AO caused any person who served in country, we develop diabetes to because by the herbicide. Diabetes can affect other things in your body and if you have those comorbidities it is highly likely you can be awarded a hiigher compensation.

Answer 3

You will be making more than I do and I have a mortgage to pay. Put yourself on a realistic budget and you will have enough to build savings to cover inflation.

Answer 4

Start by offering to tell your story to local high schools as a whole or in personal finance classes. Talk to them about the importance of savings and insurance.

Instill in yourself a positive can do attitude and dont let this set back drain your energies with negative thought.

Next, anytime you have more money going out than you have coming in, prioritize your list. I assume housing related bills first, then transportation costs, yadi yada. Pay down the list until you run out of money.

Assuming you own your home, roommates. If you dont own your home, if you are not totally disabled see if you can barter
free rent for performing household chores or other less taxing tasks like computer entry or answerring phones. Or perhaps you can get free rent at a private home that cares for the disabled at government expense by offering to work part time to the extent your illness will allow you.

I have at one time considered processing medical bills from home. Contact local medical institutions like clinics and hospitals and ask them to refer you.

Next, are you completely disabled?

Then check with your grown children for help. You raised them for 18 years, its time for them to return the favor.
then check with local church for available charity. Ask your local federal or state senator or congressional representives for advice and direction.

Without more details, as to the source of your illness or the extent of your disability, I would just be shooting in the dark.

Lastly and Above all,

Do not go gentle into that good night,
Old age should burn and rave at close of day;
Rage, rage against the dying of the light.

Though wise men at their end know dark is right,
Because their words had forked no lightning they
Do not go gentle into that good night.

Good men, the last wave by, crying how bright
Their frail deeds might have danced in a green bay,
Rage, rage against the dying of the light.

Wild men who caught and sang the sun in flight,
And learn, too late, they grieved it on its way,
Do not go gentle into that good night.

Grave men, near death, who see with blinding sight
Blind eyes could blaze like meteors and be gay,
Rage, rage against the dying of the light.

And you, my father, there on the sad height,
Curse, bless, me now with your fierce tears, I pray.
Do not go gentle into that good night.
Rage, rage against the dying of the light.

Dylan Thomas (1914 - 1953)

Answer 5

2000.00 not bad a month for doing nothing, with no mortgage to pay. you can and should be able to live off that amount

Answer 6

Move to Canada. When you go to the hospital, just say you forgot your health card, or borrow someones that doesnt have a picture, half don't.

Answer 7

You might be eligible for disability/social security.