We believe that if people are properly educated about how health costs will impact them in retirement, they will adjust how they are saving today in order to make tomorrow easier..
A typical conversation we hear is that someone has worked hard to plan for retirement. They have followed the guidelines of a trusted financial professional and executed on a plan to ensure their future. What they do not realize is there is a missing piece. One that will derail even the best laid plans.
Listen to your clients and you will hear that all they want is to be financially safe in retirement. Based on a survey by Merrill Lynch, 63% of all people surveyed are worried about not being able to afford health care and long term care expenses. Are you the one to help and show them how to ensure their future?
Fidelity Investments is at once again at it in terms of espousing healthcare wisdom. They announced their new projections on what retirees can expect to incur as costs for their health
As you may have heard the Medicare Board of Trustees in its 2015 Annual Report is calling for a 51.8 percent increase in the Medicare Part B premium.
Below is a breakdown of the projected costs and rates of inflation for Medicare coverage from the Medicare Board of Trustees “Annual Report”. At this point, these are projections and