A proper healthcare retirement plan is a necessity for everyone. But for those preparing for retirement, it is vital to also be prepared for health care needs — and options — to change. Health care needs and costs inevitably increase as we age. When incorporating these costs into retirement savings, most people consider Medicare beginning at age 65. Medicare, which is an aid program provided by the federal government, naturally is a complex system riddled with intricacies often unbeknownst to pre-retirees and retirees.
Keeping Medicare in mind as an option in order to stretch your money as far as you can during retirement may seem like an obvious choice. Unfortunately, it is not the only thing you need to consider.
About Ash
Ash Toumayants is a financial advisor and the founder of Strong Tower Associates. For over a decade, he has helped hard-working people across Central Pennsylvania prepare for retirement. Fueled by a passion for helping people see through the veil of confusion that shrouds the financial world, his goal is to educate his clients so they can make more sound choices regarding their financial future. A Penn State graduate, he currently lives in State College with his lovely wife, Noelle, and their two adorable children. Learn more by connecting with Ash on LinkedIn or emailing [email protected]. You can also schedule a call anytime online here.