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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Merrill Lynch survey – top retirement concern is health care costs

According to a recent survey conducted by Merrill Lynch it would appear that, for people 50 years old and older, the major concern in retirement was the overall cost associated to health care.

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