by MasterPlan Your Retirement | Nov 1, 2017 | Health Care Costs
There are a lot of things to consider before you retire. One thing that some people forget to plan for, however, is their health care in retirement. Many people assume that Medicare will cover all their health care expenses once they retire. The reality is that it...
by MasterPlan Your Retirement | Aug 10, 2017 | Health Care Costs, Retirement Income
You’re probably aware of the risk posed to retirees by long-term care, which is extended assistance with daily living activities such as eating, mobility and bathing. Long-term care is often provided either in a facility or in the home, and it is usually very costly....
by MasterPlan Your Retirement | Jul 25, 2017 | Retirement Income
Do you have a strategy to pay out-of-pocket medical costs in retirement? If not, now may be the time to start planning. According to Fidelity, the average retired couple will spend nearly $260,000 on out-of-pocket health care costs.1 Those costs are for things like...
by MasterPlan Your Retirement | May 11, 2017 | Retirement Income
Risk management is the foundation of any solid financial plan. It takes only one sizable risk to threaten your ability to reach your long-term goals. You probably have strategies in place to protect you from a wide range of risks such as medical issues, accidents,...
