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Budgeting for Retirement? Don't Forget Healthcare's Hidden Costs
Manage episode 431533477 series 71998
Retirees face significant healthcare expenses, with average annual costs reaching $6,883 per person, driven by Medicare premiums, out-of-pocket expenses, and potential long-term care needs. These costs are influenced by factors such as inflation in healthcare services, increased longevity, and advancements in medical treatments. Understanding these expenses and implementing strategies like Health Savings Accounts (HSAs) and long-term care insurance can help retirees better prepare for and manage healthcare costs in their later years.
Today's Stocks & Topics: LVS - Las Vegas Sands Corp., Taking Profits, Market Wrap, OC - Owens Corning, Budgeting for Retirement? Don't Forget Healthcare's Hidden Costs, LUMN - Lumen Technologies Inc., Buying in Credit Card Companies, Gold Prices, WSO - Watsco Inc.,
SBUX - Starbucks Corp., KHC - Kraft Heinz Co., MCD - McDonald's Corp., Regulation.
Our Sponsors:
* Check out Fabric: fabric.com/INVESTTALK
* Check out Moorings: moorings.com
* Check out eBay Auto: www.ebay.com
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
1901 epizódok
Manage episode 431533477 series 71998
Retirees face significant healthcare expenses, with average annual costs reaching $6,883 per person, driven by Medicare premiums, out-of-pocket expenses, and potential long-term care needs. These costs are influenced by factors such as inflation in healthcare services, increased longevity, and advancements in medical treatments. Understanding these expenses and implementing strategies like Health Savings Accounts (HSAs) and long-term care insurance can help retirees better prepare for and manage healthcare costs in their later years.
Today's Stocks & Topics: LVS - Las Vegas Sands Corp., Taking Profits, Market Wrap, OC - Owens Corning, Budgeting for Retirement? Don't Forget Healthcare's Hidden Costs, LUMN - Lumen Technologies Inc., Buying in Credit Card Companies, Gold Prices, WSO - Watsco Inc.,
SBUX - Starbucks Corp., KHC - Kraft Heinz Co., MCD - McDonald's Corp., Regulation.
Our Sponsors:
* Check out Fabric: fabric.com/INVESTTALK
* Check out Moorings: moorings.com
* Check out eBay Auto: www.ebay.com
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
1901 epizódok
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