Category

Health Care

Health-care-costs are projected to rise at 6% clip.

Health-Care Costs Rise Again

By | Health Care, Retiree, Retirement | No Comments

Health-care costs for retirees are on the rise again, a new study from Fidelity Investments reports.  According to the Fidelity study released in August, a 65-year-old couple retiring in 2017 will need $275,000 to cover health-care costs during their retirement years.  This cost is 6% higher than it was in Fidelity’s 2016 report. The 6% cost increase corroborates findings by…

Read More
Recent research from Fidelity Investments indicates that a couple who retired in 2015 can expect to spend an estimated $245,000 for healthcare during their retirement.

Taming the High Cost of Health Care During Retirement

By | Health Care, Retirement Planning | No Comments

I recently met with a client to review their investment accounts and financial plan.  During the course of our meeting the topic of aging came up.   As we talked about getting older and the challenges that aging presents, I remembered something an old client had told me at the very beginning of my financial planning career.  Tom and his wife…

Read More