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Healthcare Costs in Retirement Wayne R. Davies, CFP®, ChFC®

WebHealthcare Costs in Retirement. In a 2022 survey, 35% of all workers reported they were either “not too” or “not at all” confident that they would have enough money to pay for their medical expenses in retirement.

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URL: https://www.davieswealthms.com/resource-center/retirement/healthcare-costs-in-retirement

Good Health is Good Business Wayne R. Davies, CFP®, ChFC®

WebGood Health is Good Business. According to the Centers for Disease Control and Prevention, productivity losses linked to employees not showing up to work due to five risk factors— diabetes, smoking, high blood pressure, physical inactivity, and obesity— cost US employers $36.4 billion a year. 1 Business owners and managers understand very well …

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Money that Buys Good Health is Never Ill Spent

WebMoney that Buys Good Health is Never Ill Spent. According to the Kaiser Family Foundation, the average person covered by Medicare has out-of-pocket medical expenses in excess of $5,400 a year.

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Wealth Management

WebWealth Management is an investment-advisory discipline which incorporates financial planning and investment portfolio management. High-net-worth individuals, small-business owners, and families who desire the assistance of a credentialed financial advisory specialist call upon wealth managers to coordinate retail banking, estate planning, legal

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Changing Unhealthy Behaviors Wayne R. Davies, CFP®, ChFC®

WebChanging Unhealthy Behaviors. Most Americans know the fundamentals of good health: exercise, proper diet, sufficient sleep, regular check-ups, and no smoking or excessive alcohol.

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All Articles Wayne R. Davies, CFP®, ChFC®

WebRetirement. 9 Facts About Retirement; 9 Facts About Social Security; The Cost of Procrastination; Healthcare Costs in Retirement; When Should You Take Social Security

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Lifestyle Wayne R. Davies, CFP®, ChFC®

WebCreating a life map involves a close review of personal finances and an assessment of other building blocks. Lifestyle matters look at how to balance work and leisure, how to make smart choices for the future, and many other items in …

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Money Draining Food Myths Wayne R. Davies, CFP®, ChFC®

WebMoney Draining Food Myths. The road to better health may sometimes involve an extra expense here and there, but you should be careful about wasting money on diet ideas with promises that are more based on myth than fact.

Category:  Food Go Health

Debt Stress Wayne R. Davies, CFP®, ChFC®

WebThere’s a link between debt and stress. Debt Stress. The average American owes $59,580 in debt. Of that $59,580, $41,830 is from mortgage debt, $5,640 is from student loans, and $5,470 is from auto loans.

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Four Reasons Millennials Need an Estate Strategy

WebEstate strategies for millennials may sound like less of a concern than retirement, but young adults should prepare now.

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The Pre-Retirement Checklist Wayne R. Davies, CFP®, ChFC®

WebTo measure your progress toward retirement preparation, check off your “Done” items from the list below.

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5 Benefits of Working in Retirement Wayne R. Davies, CFP®, …

WebPhysical Benefits. Staying active during retirement years is crucial for continued health. Whether you choose to work full time, or volunteer a few days a week, engaging in some form of work will keep your body moving, and give you opportunities to stay balanced, strong, and healthy.

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Caring for Aging Parents Wayne R. Davies, CFP®, ChFC®

WebCaring for Aging Parents. Thanks to healthier lifestyles and advances in modern medicine, the worldwide population over age 65 is growing. In the past decade, the population of Americans aged 65 and older has grown 38% and is expected to reach 94.7 million in 2060.

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Critical Estate Documents Wayne R. Davies, CFP®, ChFC®

WebLiving Will Power of Attorney Power of Attorney for Health Care; What does it do? Provides specific instructions about medical care and artificial life support

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Raising Healthy Children Wayne R. Davies, CFP®, ChFC®

WebRaising Healthy Children. One of the greatest legacies any parent can give a child is a framework for living an enduring healthy lifestyle. It is hard to underestimate the power parents have on their children’s development, which is …

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Retirement Insights for March 2024

WebHistory of the Alternative Minimum Tax. The Alternative Minimum Tax (AMT) is a tax provision that operates as a sort of tax double-take. It has existed since 1969, requiring taxpayers to calculate their tax liability twice–once under the regular income tax rules and again under the AMT.

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529 College Savings Plans

WebWith the average cost for four years at a private college climbing to six figures, its little wonder that many American families are concerned about their college savings.

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Quarterly Market Insights Q1 2024

WebRocky Start in Q1. Stocks saw modest gains in January as positive economic data (retail sales, gross domestic product [GDP] report) and upbeat Q4 corporate reports helped offset a mixed inflation update.

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