I’m ‘medically retired’ at 54 — what can I do to stretch my savings now that my whole timeline’s been tossed out?

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RegExp("[?&]notifications=1(&|#|$)");"desktop"===y&&i&&b.test(window.location.search)&&(i.checked=!0)};be("ybar-mod-notification",(function(e){var t={isUH3:"crunch"===e.getConfig().ytheme,notifContainer:document.getElementById("notification-container"),notifBadge:document.getElementById("notif-badge"),notifMenu:document.getElementById("ybarNotificationMenu"),notifMenuOpener:document.querySelector("#ybarNotificationMenu + label"),notifDropdown:document.getElementById("notifDropdownContainer"),tooltipContainer:document.querySelector(".".concat(Vn)),notifLabel:document.querySelector(".".concat($n))};t.notifDropdown&&ro(e,t)}))}()}};]]>Vawn HimmelsbachSat, Jul 26, 2025, 1:30 PM 5 min readIf you’re “medically retired” it means you’ve had to leave the workforce early due to a long-term or permanent disability.Thanks to Jeff Bezos, you can now become a landlord for as little as $100 — and no, you don't have to deal with tenants or fix freezers. Here's howI'm 49 years old and have nothing saved for retirement — what should I do? Don't panic. Here are 6 of the easiest ways you can catch up (and fast)You don’t have to be a millionaire to gain access to this $1B private real estate fund. In fact, you can get started with as little as $10 — here’s howSince you’re only 54, you probably left your job years before you planned to. A “medical retirement” can come as a major blow since it may leave you short of your planned retirement nest egg — and worried about your future.You’re not alone.Indeed, almost six in 10 retirees retired sooner than planned (58%), according to a study by the Transamerica Center for Retirement Studies. In almost half (46%) of these cases, the reason was personal health-related. At the same time, only one in five (21%) retired early because they were financially able.We’ll consider your options as you look to financially adapt.Most people plan to retire gradually — ideally by choice, in their mid-60s, with solid savings. Medical retirement disrupts that timeline completely, often cutting a decade or more off your working life. That loss of earning years reshapes your entire financial plan.But you may have some options. Two potential sources of income for those unable to work due to medical conditions are critical illness insurance (CII) and long-term disability insurance (LTD), which you may have through your past employer, private insurance or both.CII provides a one-time payout if you’re diagnosed with a ‘covered’ illness, as specified in the policy — which typically includes heart attack, stroke and cancer.LTD insurance pays a portion of your income — typically between 60% and 80% of your monthly salary — if you’re unable to work due to illness or injury. There’s a waiting period of 90 days to a year before your coverage will begin, during which time it’s expected that you’ll be covered by short-term disability insurance.Once your coverage begins, it may extend until what would be your normal retirement date. LTD might provide coverage for your condition.There are also a number of government programs for adults with disabilities, such as Social Security Disability Insurance (SSDI). To qualify for SSDI, you’re required to have worked in a job covered by Social Security and to meet Social Security’s definition of disability, which is strict — so it can be hard to qualify.Terms and Privacy PolicyPrivacy & Cookie SettingsMore InfoS&P 5006,388.64 +25.29 (+0.40%)Dow 3044,901.92 +208.01 (+0.47%)Nasdaq21,108.32 +50.36 (+0.24%)Russell 20002,261.07 +8.94 (+0.40%)VIX14.93 -0.46 (-2.99%)Gold3,335.60 -37.90 (-1.12%)PortfolioSign in to access your portfolioSign inTop gainersFIX Comfort Systems USA, Inc. 688.74 +125.91 (+22.37%)LYEL Lyell Immunopharma, Inc. 12.42 +2.01 (+19.31%)GNTX Gentex Corporation 27.42 +3.82 (+16.19%)NEGG Newegg Commerce, Inc. 34.31 +3.60 (+11.72%)DECK Deckers Outdoor Corporation 116.85 +11.91 (+11.35%)Top losersLBRDA Liberty Broadband Corporation 70.06 -16.58 (-19.14%)LBRDK Liberty Broadband Corporation 70.22 -16.52 (-19.05%)CHTR Charter Communications, Inc. 309.75 -70.25 (-18.49%)SNV Synovus Financial Corp. 49.61 -7.11 (-12.54%)PNFP Pinnacle Financial Partners, Inc. 91.56 -12.60 (-12.10%)Most activeINTC Intel Corporation 20.70 -1.93 (-8.53%)TSLA Tesla, Inc. 316.06 +10.76 (+3.52%)NVDA NVIDIA Corporation 173.50 -0.24 (-0.14%)LCID Lucid Group, Inc. 2.9200 -0.0700 (-2.34%)WBD Warner Bros. 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