What does this mean if you’re approaching retirement or already living on a fixed income? The good news is that the frugal can and do rule retirement. While the years may not be as golden as you’d like, they can be lined with silver, if you keep these tips in mind.
It’s important to understand that Medicare Part A and Part B leave some pretty significant gaps in your health-care coverage. Here’s a closer look at what isn’t covered by Medicare, plus information about supplemental insurance policies and strategies that can help cover the additional costs, so you don’t end up with unexpected medical bills in retirement.
If your health insurance coverage comes through your spouse’s job, you may lose that coverage when he or she retires and goes on Medicare. Not so long ago, this was a scary and expensive prospect, but things have changed.
Let’s talk about how grandparents can connect with their grandchildren in real, meaningful ways. It’s important to recognize the importance of intergenerational family connections, so here are 10 things that grandparents can do to help them connect with their grandchildren, whether they are 5 or 25 years old.
After working all those years, the day has finally come for you to retire. You fill out your paperwork, your co-workers throw you a part, and finally you say your goodbyes. Now what?
You may decide to retire at 62 because you can start collecting Social Security at that age and you feel ready to move on to a new stage in life. Medicare is the government health care program for people age 65 and older and people younger than 65 with certain disabilities.
Medicare supplement insurance is an add-on to Medicare parts A and B. It’s also called Medigap insurance, because it fills in for Medicare cost gaps.
If you don’t know what happened with your older adult’s medical care in the past, it can be more difficult, time consuming, or expensive to get them the best care now and in the future.
Medicare Supplement insurance is a private policy that helps you lower your out-of-pocket health costs. Learn more about how to get started here!
In the last census baby boomers, those 65+, accounted for 13% of the population. This age group grew at a faster rate than the population under age 45, and it’s clear that the US is an aging population. Happily, aging is different now than it was for our parents and grandparents. Today, there are more people living longer than at any other time in history.
