$288,400! That's what the HealthView Services' 2016 Retirement Health Care Costs Data Report shows the average healthy 65-year-old couple retiring this year is projected to spend in today's dollars on lifetime Medicare Parts B, D and supplemental insurance (Plan F) premiums. And when dental, hearing, vision and all other out-of-pocket expenses are included, the total retirement health care bill rises to $377,412! There report also shows the cost disparity between genders, driven by a greater average life expectancy for women. A 30-year-old female retiring at 65 can expect to pay $118,632 more than a male of the same age (based on life expectancies of 91 and 87, respectively). Healthy retiree
I love the Discover Card commercials where they feature the client talking on the phone with a customer service representative. The theme of the commercials is that Discover Card treats you like you’d treat you. They are great commercials and a great theme for all customer service teams to emulate. At TruNorth, we approach our clients similarly and make sure we discuss investment themes in terms our clients can understand. For example, if we meet with a medical professional, we correlate our investment strategies with the way a doctor treats a patient. For instance, our use of financial science and investment tools is required to properly diagnose an investor’s condition. A doctor would n
