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February 2018: A possible wake-up call for financial planning.
One of the greatest concerns the general public has is how to fund for all of the costs associated with health care in retirement. The simple fact that this one expense is either not being addressed at all, or, at best, the probability of it being properly planned for is low. Believe it or not, having to have health coverage in retirement has been mandatory for more than two decades now. In order for a retiree to collect and keep receiving their Social Security benefit, they must also accept Medicare when eligible. Again, this expense has never been factored into a financial plan…Read More
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