Wealth Planning For Retirees With Special-Needs Children: A Comparison of Singapore and the United States

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caregivers
disability
intellectual and development disability
healthcare financing
housing
long-term care
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Business Law, Public Responsibility, and Ethics
Disability and Equity in Education
Disability Studies
Public Affairs, Public Policy and Public Administration
Real Estate
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Abstract

This paper seeks to explore how families with special-needs children conduct long-term wealth and retirement planning in two different cultures: the United States and Singapore. While previous papers discuss early childhood education for those with special-needs or housing wealth separately in Singapore, there is a gap in addressing the intersectionality of these issues within such families. The main method of research was secondary, understanding various legislative efforts via online resources; when opportunities were possible, primary research was conducted in the form of interviews (some off-the-record) with various stakeholders. Overall, this paper finds that the government in the United States plays a larger role in providing financial flexibility to these families than in Singapore, where long-term solutions are funded privately until no longer feasible.

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Dr. Olivia Mitchell
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2020-01-01
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