Are You Prepared for Your Retirement?

Use the Retirement Calculator to find out how long your money lasts and much more...

• Get much MORE than investment advice!
• A realistic assessment
• Real world options for your savings, home equity, Social Security, insurance and family
• Access to unbiased information

Many financial planners predict that seniors spend less money each month after they retire.

However, there are many costs that are likely to rise after you stop working. Consider the following:

• Leisure Costs: Retirement usually means more leisure time. For many people this means at least eight more hours a day when you could be spending money instead of earning it. Travel, hobbies, movies and other entertainment, grandchildren, dining out and entertaining friends – the way you spend your time in retirement will dramatically affect your budget.
• Health Costs: Even if you are enrolled in Medicare, you may be paying more for health insurance in retirement than you did if your employer was subsidizing your health plan. Good supplemental Medicare plans – including prescription drug plans – are critical. Shop around for the best one for you.

• Long Term Care Costs: The biggest threat to most retirement plans is a Long Term Care need. Long Term Care is tremendously expensive and not covered by Medicare.

  And even if you don’t require assisted living or skilled nursing services, you may find that you need to pay people to help with some of the more physically demanding tasks around the house – shoveling snow, unclogging a drain, yard work, etc...

Talk with a Retirement Financial Advisor About Your Budget for Retirement.

Find a Medicare Supplemental Insurance Broker. Medicare Open Enrollment Begins Nov. 15.

Find Out if a Long Term Care Insurance Policy is Right for You!