Did you know that the total out of pocket spending for the average Sixty Five year old couple for healthcare in retirement could now surpass $400,000 when you factor in both Medicare and supplemental insurance premiums, copays, and deductibles? Sounds crazy, right? What’s even crazier is that’s just the “average couple.” Unfortunately, that amount doesn’t account for any particular health issues that may already exist or, for that matter, any issues that may occur in the future. Simply saving for healthcare is a great start but it’s what you do with that money that really makes a difference.
This week on the David Lukas Show our host David Lukas, of David Lukas Financial, talks about how expensive healthcare can be in retirement. Throughout the hour, David discusses how a buttoned up financial gameplan is the key to absorbing the sticker shock of the ever rising cost of healthcare expenses.
Top items explained in today’s show:
- What you can expect to pay for healthcare in retirement
- Why you should be concerned about Long Term Care
- How you can avoid getting gouged by Medicare premiums
- How longevity—if you’re experiencing prolonged health issues—can make matters even worse
To hear all the excellent information from David gives regarding healthcare after retirement, listen to the entire episode today.
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Want to know more about how David Lukas Financial can save you money on unnecessary taxes, fees, and medical expenses? Call David Lukas Financial, (501) 218-8880, today to learn more about The DLF Retirement Advantage™ Process.
David Lukas Financial is conveniently located right here in North Little Rock, Arkansas.