In an era marked by continuous advancements in healthcare services, it is an unfortunate reality that the costs associated with medical care are also on a perpetual rise. Despite the implementation of recent healthcare legislation, these expenses have consistently outpaced inflation for over two decades. Industry experts project that healthcare-related costs will continue to follow this upward trajectory, with predictions of annual increases of up to 15%.
Tag: Annuities
How Resistant To Inflation Is Your Retirement Income?
In recent months, we have all felt the effects of inflation, whether in a grocery store, gas station, or restaurant. However, growing costs limit our present spending and threaten our retirement income.
Tax Deadline Approaching, How Much Money Do You Owe?
Taxes might significantly reduce your retirement income. The greater your retirement income, the greater your tax liability, and this causes a greater proportion of your hard-earned money to be utilized to pay taxes. Continue reading to see how different types of retirement income are taxed.
