Your Safe Retirement Coach
One of the benefits of the health care discussions of the last few years has been the integration of retirement planning with the need to make smart health-care choices. Besides the smartest health care decision that anyone can make — exercise and eat smart — the decision making process related to health care has become [Read More...]
The headlines of the recent Fidelity study are sobering: Fidelity® Estimates Couples Retiring In 2012 Will Need $240,000 To Pay Medical Expenses Throughout Retirement : Households Relying on Social Security Benefits to Cover These Costs Should Expect Medical Bills to Consume 61 Percent of their Social Security Payments by 2027 The good news is that [Read More...]
There are many changes due to the progress of healthcare that we don’t like. Costs, claims, nasty doctors, etc. So it was with interest that I read this article about how hospitals are re-gearing their emergency rooms in a manner that makes them very conducive to the elderly. Rather than blinking lights and beeping machines, [Read More...]
There’s always been a market in “taking advantage” of seniors particularly when they’re facing the tough questions and realities that they and/or their children have to face. In my extended family, we had the great fortune of having had a wonderful person provide live in care to a 100 year old grandparent and fortunately, we [Read More...]
The 2011 MetLife Market Survey of Nursing Homes, Assisted Living, Adult Day Services and Home Care Costs is out and the news, once again is not good! The key findings from the study are the following: The national average daily rate for a private room in a nursing home rose 4.4% from $229 in 2010 [Read More...]
A great resource for all things “senior”, Ross Blair and his blog Boomer-Living.com posted a nice resource about tips for your annual Medicare enrollment. As he points out, the 2012 Healthcare law includes major changes to Medicare and as the enrollment period is right around the corner, this article does a nice job of pointing [Read More...]
If you listen to Washington, they seem to believe that Americans are upset and disappointed in Medicare. But what’s the real feeling of Americans about Medicare? Well, the New England Journal of Medicine evaluated 21 public opinion polls (and included links to them in this article) that were conducted in the last year. What they [Read More...]
The Paul Ryan plan has caused many people to revisit the need to overhaul or save (which term you use depends on your outlook on this matter) Medicare. It’s doubtful that the Democrats and the Republicans will have a civil discussion about this and we’ll probably end up with a watered down solution that only [Read More...]
One of the many things that happen when you turn 65 is that you become eligible for Medicare and the enrollment forms come in the mail in droves. Yet as Jeff Bergner writes in the Weekly Standard, “One question, however, hasn’t been answered: Why must we enroll in Medicare and give up our current health [Read More...]
In my book, Safe 4 Retirement : The 4 Keys to A Safe Retirement, I stress the importance of bringing a list of questions to the doctor when you go on your appointments. I applaud Beth Havey and her excellent blog BoomerHighway for also detailing the need for this. Please see Beth’s blog entry below [Read More...]
