Jester Insights

4 conversations that must take place with your financial advisor

4 conversations that must take place with your financial advisor! In retirement income is the key. Without it the ability to maintain your life-style as well as fund the basic necessities is next to impossible. Unfortunately, though, the rules have changed and not all income is the same in retirement. When it comes to health […]

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Income in retirement is not what you think when your health is on the line

Income in retirement is essential. The problem, thanks to federal regulations, is the fact that having too much of it will lead to surcharges (taxes) on top of your Medicare premiums. These surcharges are based on Medicare’s Income Related Monthly Adjustment Amount (IRMAA). What types of Income will Medicare look at?   Income is defined, […]

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US News – 6 Ways to Protect Your Pocketbook From Sky-High Medical Bills

Dan McGrath, the co-founder of Jester Financial Technologies, a small health care data company in Beverly, Massachusetts, remembers being in the dentist office with his retired mother and realizing he’d made a grave mistake. He’d let his mother navigate her own Medicare coverage and that resulted in a $12,000 bill for getting a few teeth […]

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Looking at Reverse Mortgages? You may want to

Planning for retirement is on the hearts and minds of almost every single Baby Boomer, roughly 76 million Americans. Survey after survey happens to lead to the fact that planning for health care as well as planning for Long-Term Care (LTC) is a major concern. The reason for this is that many of these Baby […]

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CNBC – Believe it or not, buying an annuity can be a good decision

If you do an Internet search on the subject of purchasing an annuity, you will find that there are a mind-boggling number of articles on whether or not this is a wise decision. Of course, the debate is complicated, and both sides make valid points. Those who favor annuities usually cite the guaranteed income they […]

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CNBC Feature – Medical costs take big bite out of Social Security benefits

Social Security planning is a major focus for financial advisors and their clients — and with good cause. If you look at the data and statistics from Social Security, the reason is clear: Among elderly Social Security beneficiaries, 53 percent of married couples and 74 percent of unmarried people receive half or more of their […]

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CNBC “Are health-care costs really ‘just’ $245K in retirement?”

When it comes to planning for health care in retirement, I want to discuss a recent report from a financial services corporation that estimates a couple age 65 today should expect to incur $245,000 in total health-care expenses in retirement. For those who have experienced our nation’s health-care system at work — and the total […]

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