On the bright side, you don't need a retirement account to invest. And if your income is low enough, it won't save you much on taxes anyway.
Not true. Disability payments generally stop at retirement age. SS disability also stops but converts to SS retirement which is mostly a wash. If you want to continue your total income including the disability insurance payments you will probably need to invest just like you do while working.
What you said doesn't match up with what I said. I said you don't need a retirement account to invest. The implication being you can invest in a normal non-retirement taxable account.
Ok, I thought you were saying that someone on disability does not need to invest for retirement - the implication being that the disability payments continue forever. I guess I misunderstood you.
But even so, although you can invest in a regular taxable account while on disability, one could gain similar tax benefits by using tax-deferred accounts instead, although the tax benefits would presumably be lower since the income would likely be lower.