For Employees
How does healthcare affect retirement?
Health care is often overlooked cost in retirement and it’s one that can have a significant impact on your lifestyle in retirement.
Did you know that Medicare Part B premiums are tiered based on your income?
$3,535 – The difference in annual cost of Medicare Part B for the lowest income bracket to the highest income bracket
Home health care in Massachusetts costs $57,200 per year and nursing home care can cost $128,845.
5.47% - Inflation rate of health care costs in Retirement
What strategies will you use to counteract these rising costs in retirement?
Sources:
http://www.hvsfinancial.com/2017/06/12/2017-retirement-health-care-costs-data-report/
2015-8471
Gracio Garcia is a Registered Representative and Financial Advisor of Park Avenue Securities LLC (PAS) 160 Gould Street, Suite 310, Needham, MA 02494, (781) 449-4402. Securities products/services and advisory services are offered through PAS, a registered broker-dealer and investment advisor. Field Representative, The Guardian Life Insurance Company of America (Guardian), New York, NY. PAS is an indirect, wholly owned subsidiary of Guardian. The Bulfinch Group is not an affiliate or subsidiary of PAS or Guardian. Life insurance offered through The Bulfinch Group Insurance Agency, LLC, an affiliate of The Bulfinch Group, LLC. The Bulfinch Group, LLC is not licensed to sell insurance.
PAS is a member FINRA, SIPC. 2016-28749. Exp 9/18