How Social Security Disability is Calculated

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 double-check 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 Video: How Social Security Retirement Benefits Are Calculated [3 Easy Steps]

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

📜 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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[stephaniefythm]

Social security benefits for seniors are an essential safety net for many, but it's also crucial to plan ahead and invest wisely for your retirement. Diversifying your investments across can help build wealth over time. It's never too early to start saving and investing for a comfortable retirement. I’m 63 and my husband 65 we are both retired with over $3 million in net worth and no debts. Currently living smart and frugal with our money. Saving and investing lifestyle made it possible for us this early even till now we earn monthly through passive income. 😊

[timothycoleman]

SSDI caculation seems off.
It gave me $3668

[brettduffy]

I've been on SSI all my adult life. I am 30 years old. I finally have enough credits and just gotta proved my average incomes were between Between $9000 $14000 during those 5 years with one year of 17000 will I get more than I was getting on SSI they? Have to at least give you the minimum SSI rate even though you are on SSDII still work part time so I don't know. How that works?

[lindajedeon]

Hello sir,
Can you please help me I am in my sixties I have a terminally ill son he is on ssi he was born with heart disease he had his second heart attack in December he is 38 year's old what I like to know can I put him under my social security I desperately need the medical part for him under ssi he gets Medicaid not Medicare I can not get the medicine he needs without paying for some of them some I can not even afford I just need to know if he can be put on mine he does live with me after the heart attack he is now in a wheelchair he can not walk anymore 😔😔😔😔😔😔😔😔😔
Please if you can help 😔

[jenniferw]

I had been working since I was 18 and it was 1993 when I turned 22. I became disabled at 31 years old, in late 2002. I've been receiving SSDI for over 21 years now with a check at just over $2800. I imagine my disability will continue until I am 67. I heard that you automatically switch over to Social Secuirty from SSDI at 67. I also heard that I'd be getting the same check. But this confuses me, no one talks about the formula which is used at 67 for SSDi recipients. Will it be top 35 years AIME (I only worked 13 years) or will I really continue to get the same $2800 check at 67?

[sharonp]

Disability just flows into Soc Sec. No change

[Inferno]

The more I watch these videos, the more I hope I don't live much longer,

[Naturalook]

Blah, blah, blah…. Just state the fricken facts… you add layers of confusion….

[bradleyvanzile]

I am on SSDI currently we’re on SSDI in 2007. I never received my backpay. Is it too late to pursue it? I got SSDI approval on the first try myself no attorney needed!

[cynthiahammett]

At what age will my ss disability status change to ss retirement. I'm 63 now. My friend's flipped over at 63 but not mines.

[terryhess]

What if you became disabled at early age and didn't pay taxes on but 17 years and I'm 64.

[cynthiakneisler]

Hello, my son is on ssd. This is grateful topic

[kbliq]

Been on disability now for some time. When I hit 62 what happens? Can the amount I get go down? It's not very much now so I hope not. When I hit 62 will it switch from SSDI to just SS and like I'm retired?

[magyarpropertymanagement]

If you have a pension that also have disability benefit how does that impact Social Security Disability?

[BruceSmith-ti]

It's not 10 years they go back it's only five, I wasn't able to work a legit job for 5 years prior to being approved if they just went one more year back I'd probably be getting way more than $943 a month try living on that

[deedeepartlow]

I watch all of MrGinsbergs videos. Very informative.

[garykeating]

What about covid everyone closed down..can't justify 60 percent on those years

[Daniel-uoee]

Please tell me what is the qualifications for your disability pay.

[romeysiamese]

If you filed for ssdi due to blindness or loss of vision, for that case the math is entirely different.

[jeffdo]

So full retirement age pays more then SDI?