Healthcare
Weekend Reading: What Medicare Misses
You may be eagerly awaiting the ability to go on Medicare upon turning age 65; however, as part of your Medicare plan research, it’s important to understand what won’t be covered under traditional Medicare.
Weekend Reading: Take Steps Now to Address Dementia Concerns
Cognitive loss continues to be one of today’s biggest retirement risks. According to the Alzheimer's Association, the number of present Alzheimer’s cases are projected to more than double by 2050.
Weekend Reading: Advice from Real Retirement Experts: Retirees
If you have yet to retire, or simply want to elevate the retirement life you’re already living, oftentimes, your best source of advice is from fellow retirees.
Weekend Reading: Retirees: Health Care May Cost Less Than You Think
Health care expenses might be one of your top retirement concerns, and with good reason. Fidelity recently claimed that a 65-year-old couple retiring today will need an average of $315,000 for medical costs. However, evidence and logic suggest this likely won’t be your reality.
Weekend Reading: The Complex Economics of Growing Old
What if our ride to the finish line isn’t smooth? Complex risks including extended longevity and health issues can create a large financial burden on retirees, and as such, recent research from De Nardi shows that Americans are now saving well into their 80s and beyond.
Weekend Reading: What is a Retiree's Biggest Fear?
While you might expect the universal retirement fear to be running out of money, it goes beyond dollars to declining health; specifically, an Alzheimer’s diagnosis.
Weekend Reading: The Highest Medical Costs to Expect in Retirement
When it comes to healthcare expenses in retirement, there are those you can somewhat-accurately factor into your budget (such as insurance premiums), and those that are unexpected (such as a medical emergencies or illness).
Weekend Reading: 14 Things That Are "Free" with Medicare
As you find yourself in the midst of Medicare’s open enrollment period, it’s an ideal time to evaluate where you can optimize your health care benefits.
Weekend Reading: The Power of Health Savings Accounts for Retirement Planning
Do you have a Health Savings Account (HSA)? If so, it’s time to ensure you’re truly maximizing its benefits for retirement.
Weekend Reading: What You Must Know About the Different Parts of Medicare
Whether you’re a first-time enrollee, or simply want to ensure you’re maximizing Medicare coverage, it’s important to understand the benefits provided through each part.
Weekend Reading: 3 Ways Early Retirees Can Minimize Their Health Insurance Costs
If you’re planning on retiring before you’re eligible for Medicare coverage (age 65), one major component you’ll need to account for is healthcare.
Weekend Reading: Democratic Lawmakers Want to Expand Medicare. Here Are the Gaps in Coverage and Other Costs to Know
Here’s a shocker for many pre-retirees: Medicare isn’t free. Not only that, but it can often come along with unexpected costs.