Every day retirees are making costly mistakes regarding their Medicare coverage. Consequences of these mistakes include late-enrollment penalties, coverage gaps, excessive premiums and out-of-pocket costs. Individuals are retiring without fully knowing how much they will pay for health care in retirement and not preparing their retirement plan for this costly expense. So, what can you do?
"After 425 hours of studying, I can now say I am a Certified Financial Planner™. Before embarking on the journey of studying I wanted to find out what is the CFP® designation and why should I get this certification."
You have been working most of your adult life and now the time has come to start thinking about retirement. You have been saving for this, but what do you know and how does your Social Security come into play? The Social Security decision you make in your 60s will determine the amount of total income you will receive over your lifetime.
Whether you have substantial resources or live close to your means, a budget can serve as an effective foundation for a savings program. It may be one of the best tools to help you control your personal and household expenses, thereby freeing up income that you can redirect toward savings.
Clearly the UGLY of COVID 19 are all the people who have suffered with this virus and the people that have died. What could possibly be worse than being a seemingly healthy person, talking to the wrong unmasked individual and then contracting the virus?
We are very excited to announce that Rachel Gustafson, CFP® is now a CCPS® (Certified College Planning Specialist). Rachel attained the CCPS® (Certified College Planning Specialist) certification from the National Institute of Certified College Planners. There are fewer than 500 CCPS® in the country.
