Start planning for your retirement with these healthcare strategies.
Category: Health
Seven Common Retirement Mistakes Made By Baby Boomers
It may not be obvious from their spending patterns, but many baby boomers have left the labor field and entered retirement. While they need to enjoy their retirement years, some aren’t maximizing their limited resources.
How to Survive Retirement
Many people find retirement to be a daunting prospect. After spending years in a routine of work, retirement marks a significant change in lifestyle that can be overwhelming for some. The prospect of losing the daily structure and social interactions that work provides can leave some retirees feeling lonely and without a sense of purpose.
Have You Taken Advantage Of This Triple Tax Benefit Account?
This account provides a “triple tax benefit,” yet 88% of the nation is not taking advantage. Rarely are investors able to have their cake and eat it, too.
Could You Survive On $16,000 Per A Year? You May Need To If You Rely On Social Security
Despite frequent reminders, many ignore the need to save separately for retirement. An estimated 33% of Americans have no retirement savings, but more alarming is that 30% of those aged 55 and…
Is Retirement Unhealthy?
When we retire, we may be giving up more than staff meetings and desk lunches. Work’s social contact and mental demands might be beneficial to our mental health. According to a recent study, working longer, making decisions, and being surrounded by diverse individuals are all beneficial to brain function.
The New Rx Law Brings Nine Major Changes to Medicare
Medicare’s prescription drug coverage will be transformed by provisions in the Inflation Reduction Act of 2022, which, for the first time, allow the program to negotiate prices of some medications with drug manufacturers, cap out-of-pocket costs for beneficiaries, and provide free vaccinations for Medicare enrollees.
Here Are Four Big Retirement Risks And The Necessary Steps On How To Reduce Your Exposure
Common pitfalls on the road to retirement include spending too much, investing too little, and deviating from your goal. The good news is you may be able to prevent them with some self-control and foresight.
Here Is What Financial Advisers See For 2023
Investors and financial advisors have had a challenging year. Many are reevaluating portions of their financial planning in light of record inflation, declining asset prices, soaring rents, and imminent recession fears. They are still determining whether their desires will remain the same in 2023.
Saving For Retirement Is Important But What Happens After Is Even More Important
While saving for retirement is essential, what follows next is at least as vital as your plan of action after retirement. Regardless of how diligently you save throughout the accumulation phase, preparing how those assets will be converted into income is essential.
