Will you have enough funds to pay for long-term care, should you ever need it? Do you have a sense of how much it would cost to, say, live in an assisted living facility? Or nursing home? Or to hire someone to help you with basic needs at home? Understanding these expenses — and projecting what they may be in the future — is important when planning ahead for the
Saving for Retirement? Don’t Forget About Health Care Costs
Have you begun saving for retirement? When determining the amount of money you need to retire, have you figured in your expected health care costs? According to an article in USA Today, more than half of retirees surveyed by the Employee Benefit Research Institute say they are not confident they have saved enough money to cover their health care costs during retirement. We see this all the time, and we
