Financial well-being comes when we can meet current and future financial obligations, absorb financial setbacks, and keep driving towards financial goals, such as adequate retirement income. Life well-being comes when we live satisfying lives, full of meaning and purpose. We need financial well-being to enjoy life’s well-being, but it is life well-being that we seek. …
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What Impact Does Chronic and Custodial Healthcare Costs Have on Retirement?
Written by Stephen Ostrofsky, CFP® During a recent client meeting with a client, we reviewed their retirement benefits designed to provide for health care costs during retirement. The retirement benefits provided significant sums to my client, but was it enough to offset expected health and custodial care costs? What we found is that many retirees…
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Law Enforcement Professionals Face Significant Risks from Uninsured Health and Custodial Care Costs in 2019
Written by Stephen Ostrofsky, CFP® During a recent client meeting with a PBSO deputy, we reviewed their employer benefits designed to subsidize health care costs during retirement. The retirement benefits provided significant sums to my client, but was it enough to offset expected health and custodial care costs? What we found many retirees face significant…
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Law Enforcement Professionals Face Significant Risks from Health and Custodial Care Costs
Written by Stephen Ostrofsky, CFP® During a recent client meeting with a PBSO deputy, we reviewed their employer benefits designed to subsidize health care costs during retirement. The retirement benefits provided significant sums to my client, but was it enough to offset expected health and custodial care costs? What we found many retirees face significant…
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