Combat Rising Costs
August 15, 2024
When planning for retirement, it’s exciting to dream about new sights and great experiences that lie in store. But there is also the issue of planning for future healthcare costs. Accounting for future medical costs can seem daunting, but it is a necessary step that can help lessen the burden for you and your loved ones.
Statistics compiled from across the country reveal the average cost of a semi-private room is $8,669 per month1. Medicare offers some help in the short-term but will not cover expenses after 100 days2. This could easily run annual costs over six figures for healthcare alone! It becomes a serious drain on retirement savings if a plan is not in place before the coverage is needed.
Contact us to schedule a consultation to discuss the longevity of both your health and your savings. With our help, you can create a long-term care plan to cover future healthcare needs while protecting retirement funds you have worked hard to build over the years.