The Rise of Retiree Healthcare Costs
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Description
The future of retiree health care costs is on the rise. In fact, the Employee Benefit Research Institute released numbers for 2023 showing an 8% increase in retiree healthcare costs for the year. Stay tuned as Phil and Marc unpack these latest figures, which suggest that a typical U.S. couple may need upwards of $413,000 to cover their healthcare expenses in retirement.   Here’s some of what we discuss in this episode: 0:00 – Intro 1:20 – The 8% increase in healthcare costs in the U.S. 4:56 – Pros and cons of Medigap and Advantage plans 8:37 – How Phil’s office helps clients with healthcare 11:17 – Understanding the costs and complexities of Medicare and Medicaid   Resources for this episode: https://www.fa-mag.com/news/retiree-healthcare-costs-increased-8--in-2023-76822.html   For more, visit us online: http://philstaxhacks.com Watch the video podcast on YouTube: Phil's Tax Hacks and Other Retirement Facts
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