Managing Your Health Care Cost and Long-term Care Cost for RetirementSubmitted by QSSA - Better Financial Solutions for Life on November 5th, 2017
As we all know, every year health-care costs continue to increase. The reality is health-care costs and long-term care cost should be carefully planed for as you’re approaching your retirement years; even if retirement is still way in the future.
It’s never too early to start planning. Age and your health may be on your side right now and if you procrastinate, these expenses can eat up a big part of your retirement budget in the future. You will have fewer choices available to you and there will be less money to enjoy other things in life that you would like to do. Also it can add to your family’s stress level - Big time!
The health care and long-term care industries are continually changing. There are new programs available today that address tax law changes, legal issues and life style concerns. Today more than ever, there are lots of different options available to you and one may be right for you. Proactive planning can save you a lot of money and may enable you to find a cost effective solution while your still healthy.
So consider where you are in the big cycle of life and begin to see the light at the end of the tunnel.
Consider: Do you have more resources available to you today? Are you comfortable in your career? Is the house almost paid off? Are the children finishing up school? Are you caring for elderly parents? Do you want to maintain control in life and have choices as you enter your retirement years?
Now is the time to start to plan and to evaluate your financial future. Look at your retirement finances and your anticipated life style changes. Start a long-range plan so when the time comes, you’ll have choices so you can enjoy your retirement years you’ve worked so long to accomplish.
Don’t be taken by surprise!
Contact me with any questions and let’s start a no cost, no obligation 15-minute conversation to see if there are solutions you should be considering now.