RetirementGuyAug 81 min readRetirees Will Pay Twice as Much as They Think for Healthcare: FidelityThe average 65-year-old retiree can expect to spend $165,000 on healthcare in retirement. That is more than twice the $75,000 that the...
RetirementGuyNov 16, 20231 min readIt’s Open Enrollment Season. Have You Taken a Good Look at an HSA?What Is an HSA, and How Does It Work? Employees covered by qualifying HDHPs are also allowed to contribute to an HSA. The parameters for...
RetirementGuySep 1, 20221 min readHere’s a simple way to save on retirement’s No. 1 expenseI’ve mentioned before that healthcare costs for the average American couple retiring at 65 will be enormous: An estimated $315,000 over...
RetirementGuyAug 11, 20221 min readHere's what you need to know about Medicare Part A's depletion dateAt its current pace, Medicare's Hospital Insurance trust fund will run out of money in 2028, according to the June 2022 Medicare trustees...
RetirementGuyAug 11, 20221 min read‘I Can’t Retire – I Need Health Insurance’It is one of the most discussed reasons people refuse to retire before age 65. There are plenty of reasons someone may not retire,...