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Best Steps to Plan for Health Costs in Retirement
There is great concern among pre-retirees regarding the scope and cost of their health care during their retirement years. Anxiety leads to action, so as we consider the convergence of health care and financial planning, let’s take a look at the most important steps to take.
Estimate Your Retirement Health Costs
It is critical to estimate the overall cost of health care during your retirement years. This involves starting with an accurate number and using an accurate inflation rate; too many articles on this topic provide an annual cost figure without explaining that the estimate is only for a portion of your overall cost. Read more…