How much does health care cost in retirement?!
Let’s not bury the lead. According to the Fidelity Retiree Health Care Cost Estimate, an average retired couple aged 65 in 2021 may need approximately $300,000 saved (after tax) to cover healthcare expenses in their retirement. Fidelity has been tracking this data for years. I cover how retirees can prepare for this in my still-untitled…
By Allen Harris
July 6, 2021
Medicare, why you need more than Part A and B
Medicare costs jumped 3.4% last year. Drug prices gained a whopping 11%. Medicare parts A&B does not cover prescriptions and the gap between what it does cover and your out of pocket expenses could break you. Last week, while walking Titus, our Chocolate Lab, I bumped into a fellow dog walker. I’ll call him Abe….
By Bill Schmick
February 9, 2017
All you need to know about Medicare
More of us are signing up for Medicare every day. And like social security, there are plenty of unanswered questions for those of us who are beginning the process. There are plenty of places to seek answers, but how to separate facts from sales pitches from health insurance brokers is part of the problem. Here…
By Bill Schmick
February 2, 2017