For many people, Medicare can be a vital resource in meeting the costs of healthcare. However, Americans often lack a full understanding of this established federal government program.
For many people, long-term care insurance should be a serious consideration when planning for retirement. According to research by the Insured Retirement Institute (IRI), 63 percent of Baby Boomers lack full confidence that they will have enough money to cover their medical expenses during retirement. Such lack of confidence can be expected if you do [...]
While often celebrated as an indicator of development and medical advances, increased longevity has become an additional risk to consider when planning for retirement. Increased longevity can mean living longer past your retirement age than initially planned and exhausting your resources too early. The Life Expectancy Calculator calculator, provided by the Social Security Administration, can [...]