For millions of Americans, it's the question of how they will fund their healthcare expenses in retirement, according to a recent poll by Franklin Templeton. With the high costs of care, hospitalization, pharmaceuticals, and nursing homes, these fears are well-founded, though they may be overblown.
With proper planning, healthcare costs in retirement are within the means of average and wealthy Americans, provided they are able to afford a Medicare supplement policy. Those w
When you think of retirement, you probably think of a relaxing lifestyle free from the stresses of a 40-hour workweek. Life could instead get more stressful due to rising health care costs, which is one of the most expensive post-retirement costs seniors must endure. The current generation likely doesn’t have access to a union or employer-sponsored health insurance like the previous generation, significantly increasing the individual burden. The Retiree Health Care Cost Estim
Sadly, unscrupulous people often prey on the most vulnerable among us, and too often that means our senior citizens are targeted. Even worse, in some instances these abuses can go unreported. Perhaps because of embarrassment or fear others will think it a sign of mental incompetence, the scammers go unpunished and can be free to find the next victim. Here are a few tips to help you avoid retirement planning scams.
Insurance and Prescription Drug Scams
Scammers can seek ou
Recent market volatility has some investors thinking about their “uncle point”. Yes, your uncle point, that moment when the market drops and you emotionally cannot stomach the loss. Managing risk in retirement is important for many approaching or still navigating a successful retirement. This level can vary wildly from one person to another. It is important in your planning that you know what your “uncle point” is.
What Is The Appropriate Level For Me?
Great Tips and Articles., I hope you enjoying reading!