Fifty six percent of Americans in the workforce don’t feel they’re where they should be with their retirement savings, according to a study performed by Bankrate.1Being prepared for retirement is important, and financial experts recommend saving as early as possible to ensure you’re prepare …
By Nathaniel McKissick No one likes getting old, it’s true. Unfortunately, it’s a fact of life, and about as certain as taxation. According to the Administration on Aging, 70% of people 65 or older will require long-term care in some capacity.[1] This care can be day care or an assisted liv …
Health care costs in retirement aren’t going anywhere. Naturally, as our bodies get older, it costs more to keep them running. And with U.S. health care spending expected to rise at a rate 1.1% faster than the annual GDP, this cost will come home to our pockets. Statistics like this m …
By Matt Lewis, CLTC®, Vice President, Insurance You’re turning 65 this year and Medicare is on your mind. Medicare is a subset of Social Security and run by the Social Security Administration. In my experience, it may be almost as complicated as the Internal Revenue Code! With that said, le …
Once you turn 50, milestones for all things retirement start looming over our heads: Medicare, IRAs, ROTHs, 401(k)s or 403(b)s, and Social Security.
Retirement is a time that is often hailed as the “Golden Years” – a phase of life where we have more time to cultivate old and new relationships, explore interests, travel, and do whatever our hearts desire! However, it can also be hard to socialize and make new friends in retirement, as we …
The average life expectancy has increased by more than six years since 2000. That means, according to the World Health Organization, that men and women are – on average – living to reach the age of 73 years old.
