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December 12, 2017- Guide to Healthcare in Retirement

 Our healthcare system is complex and difficult to navigate.  It’s not easy to get the care you need, while keeping costs under control.  Here is a summary of the programs available to retirees.    

Retirees have valuable healthcare services available through Medicare, Medicaid, and Medigap.   However, our health care system is complex and difficult to navigate.  The real challenge lies in how to get the most from these programs.  And if you make a wrong move, you can end up losing a lot of money. 

In order to make informed decisions and plan for what may happen in the future, it is beneficial to know at least the basics of the healthcare resources and choices.  Below is a breakdown of some programs:

 

Keep in mind that these are just summary highlights of the resources available.  There are many factors to consider. A skilled advisor can provide insight on how to organize and optimize your healthcare resources on an individual basis.  It is important to assess your current coverage, your current financial situation, and your current and future health care needs.

There is no right way to utilize the health care system.  Heath care planning can help retirees get the care they need and keep costs under control.  A trusted financial advisor can help you make informed decisions based on your unique circumstances.

 

The information and opinions included in this document are for background purposes only, are not intended to be full or complete, and should not be viewed as an indication of future results. The information sources used in this letter are: Jeremy Siegel, PhD (Jeremysiegel.com), Goldman Sachs, JP Morgan, Empirical Research Partners, Value Line, Ned Davis Research, Citi research and Nuveen.  

 

IMPORTANT DISCLOSURE

Past performance may not be indicative of future results.

Different types of investments and investment strategies involve varying degrees of risk, and there can be no assurance that their future performance will be profitable, equal any corresponding indicated historical performance level(s), be suitable for your portfolio or individual situation, or prove successful.

The statements made in this newsletter are, to the best of our ability and knowledge, accurate as of the date they were originally made. But due to various factors, including changing market conditions and/or applicable laws, the content may in the future no longer be reflective of current opinions or positions.

Any forward-looking statements, information and opinions including descriptions of anticipated market changes and expectations of future activity contained in this newsletter are based upon reasonable estimates and assumptions. However, they are inherently uncertain and actual events or results may differ materially from those reflected in the newsletter.

Nothing in this newsletter serves as the receipt of, or as a substitute for, personalized investment advice. Please remember to contact Signet Financial Management, LLC, if there are any changes in your personal or financial situation or investment objectives for the purpose of reviewing our previous recommendations and/or services. No portion of the newsletter content should be construed as legal, tax, or accounting advice.

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