One of the major retirement planning issues facing retirees is the cost of healthcare. The combination of rising medical expenses, increasing insurance costs, limited company sponsored healthcare benefits for retired workers and questions over how Medicare will be able to continue to pay for benefits as the number of eligible recipients rises creates a road map of uncertainty. Creating a clear plan to cover healthcare costs is daunting, especially without help of a professional advisor. Planning for healthcare costs and helping navigate the complexities of Medicare is an important service financial advisors can offer to their clients.
Money Tree Software has a free guide on Medicare updated for 2014 to help you serve your clients. The Medicare Guide address planning issues for clients preparing for and managing their retirement in regards to:
Provide your clients with valuable advice by helping them understand Medicare and create a plan to ensure they are prepared for the cost of health care in retirement.