Do You Discuss Health Care With Your Financial Advisor?
Knowing that health care is such a large cost driver in retirement, why do so few pre-retirees discuss health care with their advisors? A recent study from Nationwide Financial states that almost half of high-net worth Americans who are close to retirement say that they are “terrified” of what health care costs may do to their retirement plans. However, only 38% say that they have not discussed retirement health care costs with their advisors. This survey also revealed that respondents who were 55 or older...View Article