Planning for your golden years is no small feat. A robust retirement plan is a treasure map to comfort and security in your later life. However, the road to a stress-free retirement is often littered with potential mistakes. Identifying common retirement planning mistakes and knowing the mistakes to avoid can save future retirees from headaches and financial instability. Are You Underestimating Health Care Expenses When Your Retire? One retirement mistake made often is underestimating health care costs. It’s easy to overlook long-term care and other health expenses, especially if you’re currently in good health. However, healthcare expenses can deplete your… Read more
Medicare
At some point, most older people will need help getting through the day. According to the U.S. Department of Health and Human Services, someone turning 65 today has a 70% chance of eventually requiring assistance with basic living activities, such as bathing, dressing and using the toilet. Read more
If you’re thinking about retiring, or are already covered by Medicare, you might be overwhelmed by all the choices out there. Read more
It is important for residents and their families to understand the benefits and limitations of each program, eligibility requirements, and any additional costs associated with them. Read more