Preparing for retirement requires a projection of expenses that capture the lifestyle of your dreams. Paying for Medicare beginning at age 65 is one of the most anticipated costs for retirees. But every client I have ever prepared for retirement was unaware of a term called IRMAA and the possible unexpected cost. This additional premium may not show up until a dozen years into retirement, but when it does, you could be paying it for the rest of your life. Let’s explore the impact of this … [Read more...]
Retirement Planning
Do you know when you can retire? Do you know how long your retirement savings will last? With the average life span increasing, many of us will have 30 years of retirement or more. • Are you prepared for retirement? • Will your savings and retirement income be enough? • What forms of income will you have? • Do you know what your income needs will be at retirement? … [Read more...]
