Separating estimates for annual premiums and out-of-pocket costs makes planning easier. Read more...
Given that health care costs are incurred over time, it makes more sense to view them as an ongoing regular budget item instead of a lump sum needed at the start of retirement.
Health insurance premiums account for nearly 75% of retirees’ annual health care expenses and, for the most part, are predictable and can be paid from monthly income. However, out-of-pocket expenses can vary and should be paid from savings.
Traditional financial planning principles and basic budgeting can help address many of the financial unknowns about health care costs in retirement.
February 26, 2019
Sudipto Banerjee, Ph.D., Senior Manager, Thought Leadership
Cybersecurity is becoming more important every day because cybercriminals are becoming increasingly innovative.
Instead of reacting to internet crimes, it is important to look for ways to prevent them from happening in the first place.
The key steps to avoid cyberthreats discussed in the webcast are: protect key personal information, manage email and internet activities safely, interact with financial institutions securely, and take action if something is amiss.