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Finances can be confusing. Even though we have access to an infinite amount of information, often there is a disconnect between information and application. That’s why the GenWealth team has devoted over 15 years to bringing you straight talk about retirement, investments, and your money on the Get Ready for the Future Show. The information you need and how to apply it is right at your fingertips.

The Get Ready for the Future Show

Featured Episode

We're prepping for some winter weather over here at the GenWealth studio, so we're re-airing some of your questions! "My husband and I are concerned about healthcare costs in retirement. What steps should we take now to be sure we’re okay in retirement?" We're answering YOUR questions on this week's Get Ready For The Future Show! ✅ What do I need to know when trying to decide to convert my current pre-tax money over to a Roth option? ✅ How do you recommend preparing for short-term and medium-term savings needs? ✅ How should my HSA funds be invested? All this straight talk and more LIVE, Wednesday at 11:30!🎙️ - ❓ Have your own questions? Call or text us at 501.381.5228 or email show@getreadyforthefuture.com. We're here to help you navigate the journey to true financial independence. See you there! - #financialindependence #retirementincome #retirementplanning #retirement #retirementincomeplanning #financialadvisor #financialplanning #retirementlife #podcast #radioshow #radio #personalfinance #financialfreedom #genwealthfinancialadvisors #finance #money #financialeducation #financialliteracy #financepodcast #investing #investmentstrategy #investments #QandA #retirementincome

We're prepping for some winter weather over here at the GenWealth studio, so we're re-airing some of your questions!

"My husband and I are concerned about healthcare costs in retirement. What steps should we take now to be sure we’re okay in retirement?" We're answering YOUR questions on this week's Get Ready For The Future Show!

✅ What do I need to know when trying to decide to convert my current pre-tax money over to a Roth option?
✅ How do you recommend preparing for short-term and medium-term savings needs?
✅ How should my HSA funds be invested?

All this straight talk and more LIVE, Wednesday at 11:30!🎙️
–
❓ Have your own questions? Call or text us at 501.381.5228 or email show@getreadyforthefuture.com. We're here to help you navigate the journey to true financial independence. See you there!
–
#financialindependence #retirementincome #retirementplanning #retirement #retirementincomeplanning #financialadvisor #financialplanning #retirementlife #podcast #radioshow #radio #personalfinance #financialfreedom #genwealthfinancialadvisors #finance #money #financialeducation #financialliteracy #financepodcast #investing #investmentstrategy #investments #QandA #retirementincome

YouTube Video UExzZlYxeWFSQVV1NVc1MWZ0emUxYUR6bDdrTm5CLTFnZS4xMTE0RDU2NTlEMTkxNzZB

(RERUN) Concerns About Healthcare Costs in Retirement | The Get Ready for the Future Show

GenWealth Financial Advisors February 20, 2025 12:09 am

Want answers to your questions about retirement, investments and your money?

Recent Episodes

We're prepping for some winter weather over here at the GenWealth studio, so we're re-airing some of your questions! "My husband and I are concerned about healthcare costs in retirement. What steps should we take now to be sure we’re okay in retirement?" We're answering YOUR questions on this week's Get Ready For The Future Show! ✅ What do I need to know when trying to decide to convert my current pre-tax money over to a Roth option? ✅ How do you recommend preparing for short-term and medium-term savings needs? ✅ How should my HSA funds be invested? All this straight talk and more LIVE, Wednesday at 11:30!🎙️ - ❓ Have your own questions? Call or text us at 501.381.5228 or email show@getreadyforthefuture.com. We're here to help you navigate the journey to true financial independence. See you there! - #financialindependence #retirementincome #retirementplanning #retirement #retirementincomeplanning #financialadvisor #financialplanning #retirementlife #podcast #radioshow #radio #personalfinance #financialfreedom #genwealthfinancialadvisors #finance #money #financialeducation #financialliteracy #financepodcast #investing #investmentstrategy #investments #QandA #retirementincome

We're prepping for some winter weather over here at the GenWealth studio, so we're re-airing some of your questions!

"My husband and I are concerned about healthcare costs in retirement. What steps should we take now to be sure we’re okay in retirement?" We're answering YOUR questions on this week's Get Ready For The Future Show!

✅ What do I need to know when trying to decide to convert my current pre-tax money over to a Roth option?
✅ How do you recommend preparing for short-term and medium-term savings needs?
✅ How should my HSA funds be invested?

All this straight talk and more LIVE, Wednesday at 11:30!🎙️
–
❓ Have your own questions? Call or text us at 501.381.5228 or email show@getreadyforthefuture.com. We're here to help you navigate the journey to true financial independence. See you there!
–
#financialindependence #retirementincome #retirementplanning #retirement #retirementincomeplanning #financialadvisor #financialplanning #retirementlife #podcast #radioshow #radio #personalfinance #financialfreedom #genwealthfinancialadvisors #finance #money #financialeducation #financialliteracy #financepodcast #investing #investmentstrategy #investments #QandA #retirementincome

YouTube Video UExzZlYxeWFSQVV1NVc1MWZ0emUxYUR6bDdrTm5CLTFnZS4xMTE0RDU2NTlEMTkxNzZB

February 20th

"How should I balance assets between tax-deferred, tax-free, and taxable accounts to get me the best outcome for my retirement income?" We're answering YOUR questions on this week's Get Ready For The Future Show! ✅ I’m 57 and recently inherited $400k. What do I do with my inheritance? ✅ Should I give up my $200K salary job to spend time with my wife? Will we be okay financially if we both retire now? ✅ What strategies can minimize the tax impact of RMDs? All this straight talk and more LIVE, Wednesday at 11:30!🎙️ - ❓ Have your own questions? Call or text us at 501.381.5228 or email show@getreadyforthefuture.com. We're here to help you navigate the journey to true financial independence. See you there! - #financialindependence #retirementincome #retirementplanning #retirement #retirementincomeplanning #financialadvisor #financialplanning #retirementlife #podcast #radioshow #radio #personalfinance #financialfreedom #genwealthfinancialadvisors #finance #money #financialeducation #financialliteracy #financepodcast #investing #investmentstrategy #investments #QandA #retirementincome

"How should I balance assets between tax-deferred, tax-free, and taxable accounts to get me the best outcome for my retirement income?" We're answering YOUR questions on this week's Get Ready For The Future Show!

✅ I’m 57 and recently inherited $400k. What do I do with my inheritance?
✅ Should I give up my $200K salary job to spend time with my wife? Will we be okay financially if we both retire now?
✅ What strategies can minimize the tax impact of RMDs?

All this straight talk and more LIVE, Wednesday at 11:30!🎙️
–
❓ Have your own questions? Call or text us at 501.381.5228 or email show@getreadyforthefuture.com. We're here to help you navigate the journey to true financial independence. See you there!
–
#financialindependence #retirementincome #retirementplanning #retirement #retirementincomeplanning #financialadvisor #financialplanning #retirementlife #podcast #radioshow #radio #personalfinance #financialfreedom #genwealthfinancialadvisors #finance #money #financialeducation #financialliteracy #financepodcast #investing #investmentstrategy #investments #QandA #retirementincome

YouTube Video UExzZlYxeWFSQVV1NVc1MWZ0emUxYUR6bDdrTm5CLTFnZS4zNDY1MzYwMjYwQUE2QTlD

February 17th

"I'm 52 with $2 million. Should I convert some of my traditional IRA/401(k) to Roth accounts now?" We're answering YOUR questions on this week's Get Ready For The Future Show! ✅ How should I brace myself financially for a potential downturn? ✅ If I start earning self-employment income, what tax-advantaged retirement options become available? ✅ What’s your opinion on the real estate sector right now? All this straight talk and more LIVE, Wednesday at 11:30!🎙️ - ❓ Have your own questions? Call or text us at 501.381.5228 or email show@getreadyforthefuture.com. We're here to help you navigate the journey to true financial independence. See you there! - #financialindependence #retirementincome #retirementplanning #retirement #retirementincomeplanning #financialadvisor #financialplanning #retirementlife #podcast #radioshow #radio #personalfinance #financialfreedom #genwealthfinancialadvisors #finance #money #financialeducation #financialliteracy #financepodcast #investing #investmentstrategy #investments #QandA #retirementincome

"I'm 52 with $2 million. Should I convert some of my traditional IRA/401(k) to Roth accounts now?" We're answering YOUR questions on this week's Get Ready For The Future Show!

✅ How should I brace myself financially for a potential downturn?
✅ If I start earning self-employment income, what tax-advantaged retirement options become available?
✅ What’s your opinion on the real estate sector right now?

All this straight talk and more LIVE, Wednesday at 11:30!🎙️
–
❓ Have your own questions? Call or text us at 501.381.5228 or email show@getreadyforthefuture.com. We're here to help you navigate the journey to true financial independence. See you there!
–
#financialindependence #retirementincome #retirementplanning #retirement #retirementincomeplanning #financialadvisor #financialplanning #retirementlife #podcast #radioshow #radio #personalfinance #financialfreedom #genwealthfinancialadvisors #finance #money #financialeducation #financialliteracy #financepodcast #investing #investmentstrategy #investments #QandA #retirementincome

YouTube Video UExzZlYxeWFSQVV1NVc1MWZ0emUxYUR6bDdrTm5CLTFnZS5EMzgyRkY2QzI3NjdDMDM4

February 7th

"I’m 62 and thinking about making sure my kids and grandkids are taken care of after I’m gone. How can I ensure that my estate plan keeps my wealth intact for them?" We're answering YOUR questions on this week's Get Ready For The Future Show! ✅ How should I approach the financial sector in light of recent banking sector volatility and the rise of fintech companies? ✅ How can I value my current job's wages against a possible pension with a new job? ✅ I’m 63 and just inherited about $450,000. How do I make sure this money lasts and I’m making the smartest move with it? All this straight talk and more LIVE, Wednesday at 11:30!🎙️ - ❓ Have your own questions? Call or text us at 501.381.5228 or email show@getreadyforthefuture.com. We're here to help you navigate the journey to true financial independence. See you there! - #financialindependence #retirementincome #retirementplanning #retirement #retirementincomeplanning #financialadvisor #financialplanning #retirementlife #podcast #radioshow #radio #personalfinance #financialfreedom #genwealthfinancialadvisors #finance #money #financialeducation #financialliteracy #financepodcast #investing #investmentstrategy #investments #QandA #retirementincome

"I’m 62 and thinking about making sure my kids and grandkids are taken care of after I’m gone. How can I ensure that my estate plan keeps my wealth intact for them?" We're answering YOUR questions on this week's Get Ready For The Future Show!

✅ How should I approach the financial sector in light of recent banking sector volatility and the rise of fintech companies?
✅ How can I value my current job's wages against a possible pension with a new job?
✅ I’m 63 and just inherited about $450,000. How do I make sure this money lasts and I’m making the smartest move with it?

All this straight talk and more LIVE, Wednesday at 11:30!🎙️
–
❓ Have your own questions? Call or text us at 501.381.5228 or email show@getreadyforthefuture.com. We're here to help you navigate the journey to true financial independence. See you there!
–
#financialindependence #retirementincome #retirementplanning #retirement #retirementincomeplanning #financialadvisor #financialplanning #retirementlife #podcast #radioshow #radio #personalfinance #financialfreedom #genwealthfinancialadvisors #finance #money #financialeducation #financialliteracy #financepodcast #investing #investmentstrategy #investments #QandA #retirementincome

YouTube Video UExzZlYxeWFSQVV1NVc1MWZ0emUxYUR6bDdrTm5CLTFnZS4yNkZBOTQyMkYxQkQyMzc2

February 4th

"My husband and I are concerned about healthcare costs in retirement. What steps should we take now to be sure we’re okay in retirement?" We're answering YOUR questions on this week's Get Ready For The Future Show! ✅ What do I need to know when trying to decide to convert my current pre-tax money over to a Roth option? ✅ How do you recommend preparing for short-term and medium-term savings needs? ✅ How should my HSA funds be invested? All this straight talk and more LIVE, Wednesday at 11:30!🎙️ - ❓ Have your own questions? Call or text us at 501.381.5228 or email show@getreadyforthefuture.com. We're here to help you navigate the journey to true financial independence. See you there! - #financialindependence #retirementincome #retirementplanning #retirement #retirementincomeplanning #financialadvisor #financialplanning #retirementlife #podcast #radioshow #radio #personalfinance #financialfreedom #genwealthfinancialadvisors #finance #money #financialeducation #financialliteracy #financepodcast #investing #investmentstrategy #investments #QandA #retirementincome

"My husband and I are concerned about healthcare costs in retirement. What steps should we take now to be sure we’re okay in retirement?" We're answering YOUR questions on this week's Get Ready For The Future Show!

✅ What do I need to know when trying to decide to convert my current pre-tax money over to a Roth option?
✅ How do you recommend preparing for short-term and medium-term savings needs?
✅ How should my HSA funds be invested?

All this straight talk and more LIVE, Wednesday at 11:30!🎙️
–
❓ Have your own questions? Call or text us at 501.381.5228 or email show@getreadyforthefuture.com. We're here to help you navigate the journey to true financial independence. See you there!
–
#financialindependence #retirementincome #retirementplanning #retirement #retirementincomeplanning #financialadvisor #financialplanning #retirementlife #podcast #radioshow #radio #personalfinance #financialfreedom #genwealthfinancialadvisors #finance #money #financialeducation #financialliteracy #financepodcast #investing #investmentstrategy #investments #QandA #retirementincome

YouTube Video UExzZlYxeWFSQVV1NVc1MWZ0emUxYUR6bDdrTm5CLTFnZS43OTNDNTk0OUNGMDA1MUNG

January 24th

"Should I self insure or should I get some sort of policy? If I go with a policy, what kind should I look at? " We're answering YOUR questions on this week's Get Ready For The Future Show! ✅ Does it make sense for my wealthy mother, a recent widow, to take out a significant life-insurance policy? ✅ I’m 65 and have $3.7 million. How much should I realistically spend on a house? ✅ I’m 43 and worried I’ve waited too long to retire comfortably. Advice? All this straight talk and more LIVE, Wednesday at 11:30!🎙️ - ❓ Have your own questions? Call or text us at 501.381.5228 or email show@getreadyforthefuture.com. We're here to help you navigate the journey to true financial independence. See you there! - #financialindependence #retirementincome #retirementplanning #retirement #retirementincomeplanning #financialadvisor #financialplanning #retirementlife #podcast #radioshow #radio #personalfinance #financialfreedom #genwealthfinancialadvisors #finance #money #financialeducation #financialliteracy #financepodcast #investing #investmentstrategy #investments #QandA #retirementincome

"Should I self insure or should I get some sort of policy? If I go with a policy, what kind should I look at? " We're answering YOUR questions on this week's Get Ready For The Future Show!

✅ Does it make sense for my wealthy mother, a recent widow, to take out a significant life-insurance policy?
✅ I’m 65 and have $3.7 million. How much should I realistically spend on a house?
✅ I’m 43 and worried I’ve waited too long to retire comfortably. Advice?

All this straight talk and more LIVE, Wednesday at 11:30!🎙️
–
❓ Have your own questions? Call or text us at 501.381.5228 or email show@getreadyforthefuture.com. We're here to help you navigate the journey to true financial independence. See you there!
–
#financialindependence #retirementincome #retirementplanning #retirement #retirementincomeplanning #financialadvisor #financialplanning #retirementlife #podcast #radioshow #radio #personalfinance #financialfreedom #genwealthfinancialadvisors #finance #money #financialeducation #financialliteracy #financepodcast #investing #investmentstrategy #investments #QandA #retirementincome

YouTube Video UExzZlYxeWFSQVV1NVc1MWZ0emUxYUR6bDdrTm5CLTFnZS41ODI2RjhGOTVBODI2NDE5

January 17th

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Highlights

🏥 The Hidden Cost of Aging: Long-Term Care Reality Check Did you know 70% of Americans will need long-term care? Learn the shocking monthly costs of home healthcare across the US and why even a $2 million nest egg might not be enough. Essential financial planning insights you can't afford to miss! #FinancialPlanning #RetirementPlanning #Healthcare #WealthManagement #LongTermCare #FinancialLiteracy #MoneyTips #FinancialFreedom #Investing #RetirementSaving 💡 Key Points: - National average: $6,000/month for home healthcare - Arkansas costs: $3,700/month - Asset protection strategies - Financial planning considerations Follow for more financial wisdom and retirement planning tips! Don't forget to like and subscribe for weekly updates on pursuing TRUE financial independence.

🏥 The Hidden Cost of Aging: Long-Term Care Reality Check

Did you know 70% of Americans will need long-term care? Learn the shocking monthly costs of home healthcare across the US and why even a $2 million nest egg might not be enough. Essential financial planning insights you can't afford to miss!

#FinancialPlanning #RetirementPlanning #Healthcare #WealthManagement #LongTermCare #FinancialLiteracy #MoneyTips #FinancialFreedom #Investing #RetirementSaving

💡 Key Points:
– National average: $6,000/month for home healthcare
– Arkansas costs: $3,700/month
– Asset protection strategies
– Financial planning considerations

Follow for more financial wisdom and retirement planning tips! Don't forget to like and subscribe for weekly updates on pursuing TRUE financial independence.

YouTube Video UExzZlYxeWFSQVV1NGVfRXdDc09LLUtGMThJWlRYSmFDOC5GMzc1RUQwQzVERjlEMDdG

22 hours ago

🔄 Hybrid Life Insurance: A Smarter Way to Plan for Long-Term Care? Discover why traditional long-term care insurance might not be your best option, and learn about an alternative that could provide better value: hybrid life insurance policies. We break down how these policies offer both long-term care coverage AND a death benefit. Key Points: - Why traditional long-term care policies can be problematic - How hybrid policies maintain level premiums - Understanding the dual benefits of death benefit and care coverage - What happens to unused benefits #InsurancePlanning #LongTermCare #FinancialPlanning #RetirementPlanning #WealthManagement #LifeInsurance #FinancialAdvice 🔔 Subscribe for more insurance and retirement planning insights! Disclaimer: This content is for educational purposes only. Please consult with qualified insurance and financial professionals for advice specific to your situation. Want more retirement planning tips? Hit subscribe! ⬇️

🔄 Hybrid Life Insurance: A Smarter Way to Plan for Long-Term Care?

Discover why traditional long-term care insurance might not be your best option, and learn about an alternative that could provide better value: hybrid life insurance policies. We break down how these policies offer both long-term care coverage AND a death benefit.

Key Points:
– Why traditional long-term care policies can be problematic
– How hybrid policies maintain level premiums
– Understanding the dual benefits of death benefit and care coverage
– What happens to unused benefits

#InsurancePlanning #LongTermCare #FinancialPlanning #RetirementPlanning #WealthManagement #LifeInsurance #FinancialAdvice

🔔 Subscribe for more insurance and retirement planning insights!

Disclaimer: This content is for educational purposes only. Please consult with qualified insurance and financial professionals for advice specific to your situation.

Want more retirement planning tips? Hit subscribe! ⬇️

YouTube Video UExzZlYxeWFSQVV1NGVfRXdDc09LLUtGMThJWlRYSmFDOC5GRTg5NTM0Q0U2RkYwQTE4

Mon February 17th

🎯 Beyond the Numbers: Why Your Retirement Plan Needs a Complete Review | Wealth Planning Tips Is $2M enough to self-insure for long-term care? Not so fast! Watch as we break down why you need to look at your ENTIRE financial picture before making this crucial decision. Key Points: - Building a comprehensive retirement income plan - Evaluating essential vs discretionary spending needs - Why self-insurance isn't just about your total savings - The importance of accounting for debt and lifestyle goals ⚡ Perfect for anyone planning retirement who wants to understand the full picture beyond just the numbers. Looking for more? Check out the full clip here: https://youtu.be/DNT0Ovas06g #RetirementPlanning #FinancialPlanning #WealthManagement #RetirementIncome #LongTermCare #FinancialAdvice 🔔 Subscribe for more retirement planning insights! Disclaimer: This content is for educational purposes only. Please consult with qualified financial professionals for advice specific to your situation.

🎯 Beyond the Numbers: Why Your Retirement Plan Needs a Complete Review | Wealth Planning Tips

Is $2M enough to self-insure for long-term care? Not so fast! Watch as we break down why you need to look at your ENTIRE financial picture before making this crucial decision.

Key Points:
– Building a comprehensive retirement income plan
– Evaluating essential vs discretionary spending needs
– Why self-insurance isn't just about your total savings
– The importance of accounting for debt and lifestyle goals

⚡ Perfect for anyone planning retirement who wants to understand the full picture beyond just the numbers.

Looking for more? Check out the full clip here: https://youtu.be/DNT0Ovas06g

#RetirementPlanning #FinancialPlanning #WealthManagement #RetirementIncome #LongTermCare #FinancialAdvice

🔔 Subscribe for more retirement planning insights!

Disclaimer: This content is for educational purposes only. Please consult with qualified financial professionals for advice specific to your situation.

YouTube Video UExzZlYxeWFSQVV1NGVfRXdDc09LLUtGMThJWlRYSmFDOC44RTBFMDA1M0M3QUJGN0NF

Sun February 16th

🏥 Long-Term Care Insurance: Do You Really Need It? | Wealth Planning Guide When is $2 million not enough? We discuss the complex decision of whether to self-insure or purchase long-term care coverage, and explore that tricky "no man's land" where the choice isn't so clear cut. Key Topics: - The gap between regular health insurance and long-term care needs - Why traditional health plans don't cover nursing homes and home health care - How to evaluate if your wealth is sufficient for self-insurance ⚡ Perfect for anyone wondering if their retirement savings can cover potential long-term care needs. Looking for more? Check out the full clip here: https://youtu.be/DNT0Ovas06g #RetirementPlanning #LongTermCare #FinancialPlanning #WealthManagement #Insurance #RetirementSavings #FinancialAdvice 🔔 Subscribe for more financial planning insights! Disclaimer: This content is for educational purposes only. Please consult with qualified financial and insurance professionals for advice specific to your situation.

🏥 Long-Term Care Insurance: Do You Really Need It? | Wealth Planning Guide

When is $2 million not enough? We discuss the complex decision of whether to self-insure or purchase long-term care coverage, and explore that tricky "no man's land" where the choice isn't so clear cut.

Key Topics:
– The gap between regular health insurance and long-term care needs
– Why traditional health plans don't cover nursing homes and home health care
– How to evaluate if your wealth is sufficient for self-insurance

⚡ Perfect for anyone wondering if their retirement savings can cover potential long-term care needs.

Looking for more? Check out the full clip here: https://youtu.be/DNT0Ovas06g

#RetirementPlanning #LongTermCare #FinancialPlanning #WealthManagement #Insurance #RetirementSavings #FinancialAdvice

🔔 Subscribe for more financial planning insights!

Disclaimer: This content is for educational purposes only. Please consult with qualified financial and insurance professionals for advice specific to your situation.

YouTube Video UExzZlYxeWFSQVV1NGVfRXdDc09LLUtGMThJWlRYSmFDOC5FMDQ2MzUyQTE5NjVGRTUy

Sat February 15th

🔍 Understanding the 10-Year Rule for Inherited IRAs | Important Tax Planning Strategy Learn how the SECURE Act's 10-year withdrawal rule could impact your inherited IRA and potentially create a significant tax burden. In this video, we break down a real scenario of inheriting a $1M IRA and explore how life insurance can be used as a strategic tax planning tool. Key Points: - How the SECURE Act changed inherited IRA distributions - Why high earners need to plan carefully for inherited IRAs - Using life insurance to offset potential tax burdens 💡 Whether you're planning your estate or expecting an inheritance, understanding these rules could save your family thousands in taxes. #FinancialPlanning #Inheritance #TaxStrategy #RetirementPlanning #WealthManagement #IRAs #FinancialAdvice 🔔 Subscribe for more financial planning tips and strategies! Disclaimer: This content is for educational purposes only and should not be considered financial advice. Please consult with qualified professionals for advice specific to your situation.

🔍 Understanding the 10-Year Rule for Inherited IRAs | Important Tax Planning Strategy

Learn how the SECURE Act's 10-year withdrawal rule could impact your inherited IRA and potentially create a significant tax burden. In this video, we break down a real scenario of inheriting a $1M IRA and explore how life insurance can be used as a strategic tax planning tool.

Key Points:
– How the SECURE Act changed inherited IRA distributions
– Why high earners need to plan carefully for inherited IRAs
– Using life insurance to offset potential tax burdens

💡 Whether you're planning your estate or expecting an inheritance, understanding these rules could save your family thousands in taxes.

#FinancialPlanning #Inheritance #TaxStrategy #RetirementPlanning #WealthManagement #IRAs #FinancialAdvice

🔔 Subscribe for more financial planning tips and strategies!

Disclaimer: This content is for educational purposes only and should not be considered financial advice. Please consult with qualified professionals for advice specific to your situation.

YouTube Video UExzZlYxeWFSQVV1NGVfRXdDc09LLUtGMThJWlRYSmFDOC5GOTFCMTZBOTkxOTNEMEQ4

Fri February 14th

Learn how to prepare for healthcare expenses with $1.2M in savings. The discussion covers emergency funds, HSA strategies, and the crucial differences between traditional and hybrid long-term care insurance policies. Essential advice for protecting your retirement savings from unexpected medical costs. In this Get Ready For The Future Show Highlight, John and Scott answer this question: "My husband and I are concerned about healthcare costs in retirement. We’ve got a good amount saved (about $1.2 million) but our family has a history of lots of health complications in older years. What steps should we take now to be sure we’re okay in retirement?" Our advisors emphasized comprehensive planning for healthcare expenses with $1.2M savings: build emergency fund with after-tax dollars for acute care expenses, consider HSA contributions before Medicare, long-term care insurance. They prefer hybrid life insurance/long-term care policies over traditional long-term care policies, as hybrid policies offer stable premiums and more flexibility. John and Scott recommend the best age to get coverage is 55-60. They highlight the importance of timely Medicare enrollment and the need for overall retirement income planning to ensure sustainable withdrawals. FREE Resource: 7 Steps to Unlocking Financial Independence 🔗 getreadyforthefuture.com/steps Subscribe for more straight talk about retirement, investments, and your money! #RetirementPlanning #FinancialAdvice #Investing #Investments

Learn how to prepare for healthcare expenses with $1.2M in savings. The discussion covers emergency funds, HSA strategies, and the crucial differences between traditional and hybrid long-term care insurance policies. Essential advice for protecting your retirement savings from unexpected medical costs.

In this Get Ready For The Future Show Highlight, John and Scott answer this question:

"My husband and I are concerned about healthcare costs in retirement. We’ve got a good amount saved (about $1.2 million) but our family has a history of lots of health complications in older years. What steps should we take now to be sure we’re okay in retirement?"

Our advisors emphasized comprehensive planning for healthcare expenses with $1.2M savings: build emergency fund with after-tax dollars for acute care expenses, consider HSA contributions before Medicare, long-term care insurance. They prefer hybrid life insurance/long-term care policies over traditional long-term care policies, as hybrid policies offer stable premiums and more flexibility. John and Scott recommend the best age to get coverage is 55-60. They highlight the importance of timely Medicare enrollment and the need for overall retirement income planning to ensure sustainable withdrawals.

FREE Resource: 7 Steps to Unlocking Financial Independence
🔗 getreadyforthefuture.com/steps

Subscribe for more straight talk about retirement, investments, and your money!

#RetirementPlanning #FinancialAdvice #Investing #Investments

YouTube Video UExzZlYxeWFSQVV1NGVfRXdDc09LLUtGMThJWlRYSmFDOC5CRkQ2M0EyODc5OTBEQ0Ux

Thu February 13th

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Economic Outlook 2024

A Path through the forest

In unstable financial terrain, John and Scott are bringing clarity about market trends for 2024 and more importantly what it means to you! 

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