Building Health Care Costs Into Retirement Planning

RELATED CONTENT

Resources for Estimating Health Care Costs in Retirement

Horsesmouth Essential: Clients say they are worried about retirement, but what really concern them are health care expenses during retirement. Health care is expensive, and the ongoing national debate fuels everyone's uncertainty. Now it is more important than ever to include health care costs in your retirement plans. Here are some tools, resources, statistics, and facts to help you budget for and talk to clients about their future health care needs.

Planning for Health Care in Retirement: Essential Questions Advisors Must Ask

Horsesmouth Essential: Improper financial planning for health care can ruin clients' retirement dreams. If your clients haven't considered their health care coverage, you must ask the right questions to get them thinking seriously about it.

Estimating the Cost of Health Care in Retirement

It's not easy to calculate just how much health care retiring clients will need. But it's the single biggest factor affecting how long a retirement portfolio might last. Get a budget under way by reviewing employee benefits and Medicare options and estimating future expenses.

Medicare—What You Need to Know

Medicare was complex enough before the new legislation—which means that now, clients are bound to have more questions than ever. Here's an overview of the costs and coverage provided by Medicare, as well as the changes you and your clients can expect over the next few years.