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October 25, 2013

How Are You Going to Pay for the Retirement You Envision? (Part II)

by The 401k Study Group ®

Chuck Hammond, PPC, CMFC‘s insight:

When you’ve developed a clearer picture of what you want retirement to look like and started to estimate your annual expenses, it’s time to focus on health care.

According to the Employee Benefits Research Institute (2010), a healthy married couple may pay as much as $160,000 to $271,000 in out-of-pocket costs and health care premiums during their retirement, excluding long-term care costs

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