Retiring without any savings can be daunting, and it’s a situation many Americans find themselves in. According to a Federal Reserve survey, 45% of adults do not feel confident about their retirement prospects, and 25% of non-retired adults have no retirement savings or pension.
Tag: long term care
Planning For Healthcare Costs, Here Is What You Need To Know
Most of us look forward to the day when we can retire, but few of us are prepared for the reality of retirement. Many fail to adequately plan their retirement. One area that many people tend to forget is health care. Most people think that Medicare will cover all of their expenses. The truth is Medicare only covers a portion of medical expenses, and coverage gaps exist for services like long-term care.