When planning for retirement, it’s exciting to dream about new sights and great experiences that lie in store. But there’s also the issue of planning for future healthcare costs. Accounting for future medical costs can seem daunting, but it’s a necessary step that can help lessen the burden on you and your loved ones.  

Looking at statistics compiled from across the country, the average cost of a semi-private room is $8,669 per month¹. Medicare can offer some help in the short-term but won’t cover expenses after 100 days². This could easily run annual costs over six-figure for healthcare alone and can become a serious drain on retirement savings if a plan isn’t in place before the coverage is needed.

Contact Consha Financial at 678-539-9518 and we can discuss the longevity of both your health and your savings. With our services, you can create a long-term care plan that will be ready to assist future healthcare needs while protecting retirement funds you’ve already worked hard to build over the years. 

1. https://www.genworth.com/aging-and-you/finances/cost-of-care
2. https://www.medicareinteractive.org/get-answers/medicare-covered-services/skilled-nursing-facility-snf-services/snf-care-past-100-days

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This blog is intended for informational purposes only. It is not intended to be used as the sole basis for financial decisions, nor should it be construed as advice designed to meet the particular needs of an individual’s situation.