Sometimes the most difficult aspect of saving money is just getting started. This step-by-step approach can help you build a straightforward and achievable saving strategy to achieve all of your short- and long-term goals.
The number one retirement expense is Health Care. The typical 65-year-old American couple’s healthcare bills after retirement would be enormous: The Boston-based wealth management behemoth Fidelity Investments estimates the retired couple would need $315,000 to cover unpaid medical expenses throughout their lifetimes. These are expenses that Medicare will not cover.
However , you can potential lower these expenses if you do this: