The WIN Podcast, What’s Important Now
Navigating Healthcare Costs in Retirement: Strategies for Financial Wellness (Ep. 49)
Healthcare costs are one of the biggest expenses that retirees face, and they can vary depending on factors such as age, health, location, and lifestyle.
Planning for these costs can be challenging, but also rewarding, as it can help you achieve your retirement goals and enjoy your golden years without worrying about unexpected medical bills.
In this episode, Corey Heimensen dives into the critical topic of healthcare costs in retirement. He breaks down estimated expenses while highlighting the importance of Social Security and Health Savings Accounts. Corey also touches on the impact of lifestyle choices and the benefits of preventative care, and he provides insights into managing healthcare costs through financial goals, considering inflation, and government support programs.
Corey discusses:
- Healthcare costs in retirement and the fear associated with it
- How media use scare tactics to draw attention to healthcare costs in retirement
- The estimated healthcare costs for a couple in retirement
- The role of Social Security as a piece of the retirement financial puzzle
- The impact of healthy lifestyle choices and preventative care in managing future healthcare expenses
- Health Savings Accounts and their potential benefits for managing future healthcare costs
- How inflation and income/ increases can impact financial planning for healthcare costs
- And more!
Resources:
Connect with Corey Heimensen:
- (712) 472-3867
- Toll-Free: 800-657-4316
- LinkedIn: Corey Heimensen
- Heimensen Wealth Advisors
- Facebook: Heimensen Wealth Advisors