Navigating Medicare
When envisioning retirement, dreams of travel and beach houses often take center stage. However, one crucial aspect tends to be overlooked: medical expenses. While not the most thrilling topic, it's undeniably important to address.
Medicare plays a significant role in retirement planning yet navigating its complexities can feel overwhelming. From choosing the right plan to understanding costs and coverage for prescriptions and long-term care, the process can be daunting. However, you're not alone. At Rabadeau Wealth Group, we're here to guide you through every step.
Beyond plan selection, it's essential to consider how Medicare costs can be influenced by portfolio investments. Also, premiums are based on income from the previous two years, potentially outdated for recent retirees. Our team can assist in revising your income with Medicare for accurate calculations.
Rather than waiting until age 65, when most become eligible for Medicare, let's start planning earlier. By initiating conversations sooner, we can develop smart strategies tailored to your needs, ensuring a smoother transition into retirement.
Give us a call and we can talk through your options. At Rabadeau Wealth Group, our family is here for yours.
The foregoing information has been obtained from sources considered to be reliable and is being provided for information purposes only, but we do not guarantee that it is accurate or complete, it is not a statement of all available data necessary for making an investment decision, and it does not constitute a recommendation.
Any opinions are those of Lauren and Russ Rabadeau and not necessarily those of Raymond James. Expressions of opinion are as of this date and are subject to change without notice. Investing involves risk and you may incur a profit or loss regardless of strategy selected. Past performance is not a guarantee of future results. Raymond James and its advisors do not offer tax or legal advice. You should discuss any tax or legal matters with the appropriate professional. Every investor's situation is unique and you should consider your investment goals, risk tolerance and time horizon before making any investment. Prior to making an investment decision, please consult with your financial advisor about your individual situation.
