In the last blog post, I outlined key findings from a recent Vanguard white paper on healthcare spending in retirement. In this post, I’ll break down the various parts of understanding Medicare—traditional Medicare—as you consider… Read More
Spending on Healthcare in Retirement: How to Plan for It in Your Budget
If you are planning to retire, budgeting for healthcare should be part of your plans. In fact, when we build plans, we have begun breaking out healthcare costs as a separate category. Doing so allows… Read More
Health Savings Accounts: Why I Am a Big Fan of These Savings Vehicles
Unless you are extremely wealthy, there aren’t many tax shelters available to you and healthcare costs are likely a rising concern. For both of those reasons, I am a big fan of Health Savings Accounts… Read More
Open Enrollment and Checking in on ACA Coverage
Regardless of who provides your insurance coverage, you are likely either in open enrollment season or open enrollment is just around the corner. Open enrollment for Medicare this year is from October 15th to December… Read More
Medicare Changes from a Fee-Only Financial Advisor’s Perspective
Generally, when we put together a financial plan for clients approaching retirement, we will split expenses into three big buckets – ongoing expenses, one-time expenses and medical expenses. The reason we break out medical expenses… Read More
Planning for Early Retirement – 4 Things to Consider
Whenever I meet with prospective clients, “tomorrow” is the number one response to the question of when they’d like to retire. The answer is usually tongue-in-cheek, because most people aren’t in a position to retire… Read More
7 Things to Consider if Obergefell v. Hodges Affects You
One of the bigger Supreme Court decisions in recent years was that of Obergefell v. Hodges in which the court found it unconstitutional to ban same-sex marriage. The decision was announced a little over a… Read More
June 2015 – Medical Expenses, Cybersecurity and Taxes
Medical Expenses in Retirement Micah Porter, CFA, CFP® Quite often, one of the biggest financial concerns clients have as they face retirement are medical expenses. They don’t know what to expect, and articles in the… Read More