White Papers

Medicare Surcharges: The Impact of Indexing IRMAA Brackets

2019-09-19T19:27:56+00:00

On January 1, 2020, Medicare surcharges will undergo a significant change to their calculation. For the first time in a decade, the brackets used to determine IRMAA sucharges will be indexed to the CPI-U. This legislation will have a number of consequences for current and future retirees, including an anticipated reduction in the number [...]

Health in Retirement Planning

2019-07-01T15:16:48+00:00

As Americans face growing retirement challenges, the complications and concerns stemming from healthcare funding are made only more difficult. Throughout this paper, seven unique examples of integrating healthcare into retirement planning are shown, highlighting critical considerations and potential roadblocks that can be mitigated with proper planning. Data relating to healthcare cost inflation, longevity, and [...]

Why Recent Updates to Medicare and Social Security Matter

2018-04-30T14:59:48+00:00

Over the last two-and-a-half years, Social Security and Medicare have implemented a number of changes that will reduce benefits, increase future health care costs, and significantly impact current and future retirees. Modifications to Medicare income thresholds will, at first, only apply to affluent Americans; however, since the brackets have not been indexed to inflation, over [...]

Building Wealth Through Wellness

2018-01-30T22:30:34+00:00

Americans are anxious about rising healthcare costs. In Nationwide’s “Healthcare Costs in Retirement Survey,” (of 1,316 U.S. adults aged 50 or older) 74% admit that one of their top fears is out-of-control healthcare costs, and 64% are terrified of what healthcare costs may do to their retirement plans (up from 57% in 2015). Read More

2017 Retirement Health Care Costs Data Report

2017-08-31T20:56:35+00:00

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%). As this Report details, the [...]

The High Cost of Living Longer: Women & Retirement Health Care

2017-08-31T20:55:26+00:00

Women face a unique set of challenges when it comes to planning for retirement. Increased longevity, lifetime income disparities, inadequate retirement savings, lower average Social Security disbursements (compared to men), rising divorce rates for those over 50,1 the potential death of a spouse (who would often handle financial planning), and dwindling employment opportunities later in [...]

Retirement Health Care Costs and Income Replacement Ratios

2017-09-01T14:18:06+00:00

Financial advisors, plan sponsors, and millions of investors rely on income replacement ratios (IRRs) – a percentage of pre-retirement income – to estimate how much will be needed to maintain desired lifestyles in retirement. IRRs have provided advisors with a streamlined, top-down approach for assessing a client’s retirement readiness without having to calculate and project [...]

2015 RETIREMENT HEALTH CARE COSTS DATA REPORT

2017-09-01T14:12:36+00:00

HealthView Services’ 2015 Retirement Health Care Cost Data Report is derived from 50 million actual health care cases and a wide range of additional data sources. HealthView’s actuary and physician-reviewed cost-projection methodology compares year-end data sets between 2013 and year-end 2014, and the company’s rigorous bottom-up approach to calculating total retirement health care costs leverages [...]

Understanding the Impact of Modified Adjusted Gross Income on Retirement Health Care Costs

2017-09-01T14:16:30+00:00

Strategies To Reduce Medicare Income Surcharges In terms of retirement planning, many Baby Boomers have done everything right. They have calculated future expenses, invested in IRAs and 401(k)s, and labored for decades to maximize their pensions and Social Security—all to generate the necessary income to enjoy a lengthy and financially secure retirement. They believe—and with [...]