If you are thinking about deferring Social Security and that you may need to spend more from your portfolio in the period leading up to that, that may be OK. Can you talk about the benefits of reducing spending in
Long-term care isn’t typically covered by traditional insurance or Medicare.
Traditional tax-deferred accounts are good receptacles for long-term-care costs.
Home equity can be a solution to help cover some expenses.
It’s therefore no surprise that the big headline on the Inflation Reduction Act is that it will finally empower Medicare to negotiate with drugmakers on the prices of a short list of the most expensive drugs, starting in 2026.
New investors saving for retirement may be concerned that they’ve begun their investment journey at the start of a bear market. But not to worry; not only do bear markets occur from time to time, there’s also still
Rules of thumb may be too high for affluent retirees with high savings rates, but healthcare costs are a major swing factor.
What PGIM’s David Blanchett thinks a volatile stock market, rising yields, and still-hot inflation mean for the financial plans of retirees and pre-retirees.