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Using Data to Make a Difference

2017-07-11T17:45:42+00:00

Traditional health care plans failed to incorporate variables such as longevity, health care costs, and long-term care into retirement plans; however, the financial industry is evolving, and many firms are now utilizing these data points to create a more holistic approach to planning.   With just a few client inputs, you can create personalized reports [...]

The Changing Retirement Landscape

2017-07-11T17:42:46+00:00

For many Americans, affording retirement will be a challenge.  Earlier generations of workers could rely on employer-sponsored pensions, generous Social Security cost of living adjustments, (COLAs) and supplemental health care plans to provide long-term financial support. Unfortunately, many current and future retirees have no such parachute, and here are some of the challenges they will [...]

Introduction to Building Retirement Knowledge

2017-07-11T17:36:15+00:00

Dear Advisor, As a seasoned financial professional, you are probably comfortable engaging clients in discussions about retirement investments and savings; however, when conversations turn to Medicare, Social Security and long-term care, you probably wish you had simple solutions to address these complex programs. What’s worse, when clients ask specific questions about topics like Medigap policies, [...]

NEW: Introduction to Social Security: Part II

2017-07-11T09:42:59+00:00

Introduction to Social Security: Part II (Policy)  Understanding FRA is important, but it is also necessary to understand how additional policies could potentially impact benefits.  Working in Retirement For those who claim before FRA, Social Security’s Earnings Test will automatically reduce benefits to the extent your wages exceed the below (in 2017).   Year Earnings [...]

Press Release 06-14-2017

2017-06-14T09:51:15+00:00

[vc_row][vc_column width="1/1"][vc_column_text]Retirement Health Care Costs Continue to Rise: Financial Choices and Health Condition Management Are Key To Planning for Future Expenses, Reducing Costs, and Living Longer[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column width="1/1"][vc_column_text]HealthView Services’ 2017 Retirement Health Care Costs Data Report Reveals: Projected benchmark health care expenses for retirees Percentage of Social Security benefits required to cover health care Lifetime retirement [...]

2017 Retirement Health Care Costs Data Report

2017-06-12T14:07:16+00:00

[download id="8937"] SECTION 1: INTRODUCTION   HealthView Services’ 2017 Retirement Health Care Costs Data Report shows retiree health care expenses will rise at an average annual rate of 5.47% for the foreseeable future – almost triple the U.S. inflation rate from 2012-2016 (1.9%)1 and more than double annual projected Social Security cost-of-living adjustments (COLAs –2.6%). [...]

2016-press-release-05-18-2016

2016-10-28T09:18:25+00:00

HealthView Services 2016 Retirement Health Care Costs Data Report Released   Retirement Health Care Costs for a 65-Year-Old Healthy Couple to Exceed $288,000 Projected 2015-2016 Retirement Health Care Inflation: 7.3% 66-Year-Old Couple Will Require 57% of Social Security Benefits to Cover Health Care Medicare Surcharges to Increasingly Impact Middle Class […]

Best Interest

2016-09-12T13:06:34+00:00

[vc_row][vc_column width="1/1"][vc_row_inner][vc_column_inner width="1/2"][vc_column_text]This week’s Update continues my ongoing discussion concerning the changing financial services’ landscape due to the new DoL Fiduciary Best Interest rule. As I’ve stated before, beginning in April 2017, financial professionals will have to disclose all fees that accompany certain investment products, such as IRAs and qualified annuities.  Not only must advisors [...]

Evolution

2016-08-24T15:09:45+00:00

Marea and I went to a Barbra Streisand concert at the TD Garden in Boston on Tuesday evening with our neighbors, Lara and Roland.  While I have enjoyed Barbra’s music over the years, I had little interest in seeing her perform live.  The festivities began with dinner in Boston’s famed North End.  Roland took charge [...]