February 12, 2016

Healthy? Health Care will cost you more in Retirement

Medical costs are the largest single expense for many retirees and healthy people can expect that there health expenses will be higher than for people who are less and therefore don't live as long. While this seems counter intuitive because, for younger people, good health means low expenses compared to similar age people who smoke are overweight have diabetes or other health problems. But the flipside of the coin is healthy people live longer and the longer you live the more health care expenses you will incur, something to factor into your retirement planning.
"In preparing the numbers, Empower included premiums for Medicare parts B and D and private Medicare-supplement insurance, as well as out-of-pocket costs for expenses that aren’t covered by Medicare, including medical, dental, hearing and vision care. The projections use inflation rates that vary by health condition, to better reflect the future costs of the drugs and treatments those patients use, and are based on medical costs in Massachusetts" according to W. Van Harlow, director of research at the Empower Institute, which is sponsored by Empower Retirement, a division of Great-West Financial that administers $440 billion in retirement plans. Reported by Anne Tergesen, writing in The Wall Street Journal, Feb. 10, 2016. 

7 comments:

  1. Do you need an urgent loan to pay your bill, start up a business, mortgage, buy a car or in any financial situation? You do not have to worry any more just contact us today. We offer loan at a very low rate of 3%. So quick, so easy.. Contact us with this Email: michellealiex200@gmail.com

    ReplyDelete
  2. Do you need an urgent loan to pay your bill, start up a business, mortgage, buy a car or in any financial situation? You do not have to worry any more just contact us today. We offer loan at a very low rate of 3%. So quick, so easy.. Contact us with this Email: michellealiex200@gmail.com

    ReplyDelete

  3. Are you in any kind of financial difficulties? Your help comes now. Are you having sleepless night worrying how to get a Loan?Don't allow your dreams to die, or are you looking for whom to trust or have you been scammed by INTERNET fraud stars, or you have been turned down by other financial company contact PRIVATE LOAN COMPANY today for easy and reliable contact us via email: privateloantrust@gmail.com


    +17063918293

    Thanks,

    ReplyDelete

  4. Good Day,

    Do you need a huge capital to start your business or expansion
    proposal? Have you lost hope and you think that there is no way out,
    and your financial situation loads persists
    do not hesitate to contact us mail: loanservicestrustfund@gmail.com

    BORROWER INFORMATION NEEDED

    YOUR NAME:

    AGE:

    SEX:

    PHONE NUMBER:

    MONTHLY INCOME:

    COUNTRY:

    STATE:

    MONTHLY INCOME:

    AMOUNT OF LOAN NEEDED:

    DURATION OF THE LOAN:

    PURPOSE OF THE LOAN:

    DO GET BACK TO US WITH THE FULL INFORMATIONS AFTER FILLING THE FORM.

    ReplyDelete
  5. Naturally supports a woman's health needs by replenishing your body's "good" bacteria to help you feel and live comfortably while acting as a natural yeast infection treatment . women health's website

    ReplyDelete
  6. Your to the superb education fantastic site line. We're also seriously happy for your personal site line. We're seriously happy to arrive at your website. PLease check link 192.168.l.254 if you want to Setup Router, you have to log in to your Router

    ReplyDelete

Financial Planning for Women does not sell, rent, loan, lease or otherwise provide any personal information collected at our site to any third parties.