Hi Jan,
This week we continue our walkthrough of the Medicare chapters from the new edition of the Retirement Planning Guidebook, focusing on one of the most common and costly mistakes retirees can make.
In the latest episode of Retire With Style, Alex and I shift from understanding how Medicare works to what actually happens during enrollment, and where things can quietly go wrong. The article below builds on that discussion and explains why Medicare is not just a sign up decision, but a risk management choice that can shape your retirement for years to come.
We are also approaching the start of the Retirement Income Challenge on Monday, March 23rd, where we will work through retirement planning decisions using the newly improved Funded Ratio Analysis app. Participants will receive temporary access to the tool during the event to apply these ideas in a more practical way.
| | | | Why Medicare Isn’t as Simple as It Looks Turning 65 comes with a long checklist. There are conversations about retirement dates, Social Security timing, and what life will look like without a paycheck. Somewhere on that list sits Medicare. It is often treated like paperwork. Fill out a form, pick a plan, and move on.
By Retirement Researcher | | | | Is a Continuing Care Retirement Community Right for You? If you're looking ahead to retirement and thinking about addressing your long-term care needs as you age, you may want to consider a continuing care retirement community (CCRC).
By McLean Asset Management
| | | | Why Your Health Insurance Stops Working at 65
In this episode of Retire With Style, Alex and I walk through the Medicare enrollment process and highlight one of the most common mistakes retirees make when transitioning to coverage at age 65. We discuss how Medicare becomes the primary payer, when enrollment is required, and how misunderstandings can lead to unexpected financial exposure.
| | | | | | | | |
