Addressing the potential threat of extended care expenses may be one of the biggest financial challenges for individuals who are developing a retirement strategy. The Administration for Community Living estimates that by 2060, 94.7 million Americans will be aged 65 and older. Of those, it’s estimated that someone who just turned 65 has an almost… Read More

Medicare can be a confusing topic as you approach your 65th birthday.  Be sure to know what to expect as you reach this milestsone. Medicare enrollment is automatic for some. According to http://www.medicare.gov, for those receiving Social Security benefits, the coverage starts on the first day of the month you turn 65. If you are… Read More

Medicare takes a little time to understand. As you approach age 65, familiarize yourself with its coverage options, costs, and limitations.  Certain features of Medicare can affect health care costs and coverage. Some retirees may do okay with original Medicare (Parts A and B), others might find it lacking and decide to supplement original Medicare… Read More

As you near retirement age, there are many variables that you need to consider when calculating your expenses.  Will you still have a mortgage, will travel expenses go up, etc.  One of the biggest wildcards is Medicare and how the premiums will affect your wallet.  Medicare is a very specialized topic, so before we start… Read More