An increasing number of Americans are working well into their 70s and even their 80s. Enjoying a few more years of employment and income (or delaying retirement, depending on your viewpoint) has a number of benefits, but also presents workers and spouses with a key question.
Medicare could very well be a casserole (or “hot dish” for those of us with Minnesota roots) of alphabet letters A to N. The traditional ingredients are Original Medicare Parts A and B, with many adding Part D for prescription drugs and supplemental Medigap plans ranging from A to N. Alternatively, some substitute Parts B and D for Part C, better known as Medicare Advantage.
A 65-year-old couple retiring in 2019 can expect to pay about $285,000 in medical costs according to the most recent Fidelity report. Did you think that healthcare would cost you that much? It is a surprising statistic, but one that is important to prepare for. Healthcare costs are on the minds of many pre-retirees and […]
How did you first learn about money? Was it a piggy bank where you stashed away the money you earned from chores? Was it when you realized you had to pay this thing called taxes? Was it when you learned (maybe the hard way) that a credit card isn’t actually free? No matter when you […]