As you embark on your retirement journey, there are crucial financial considerations to address, with healthcare coverage topping the list. In a recent GoBanking Rates article titled “First Year of Retirement: 7 Money Moves You Absolutely Must Make,” insights from SFA Wealth Management’s president and CEO shed light on this essential aspect.
The article stresses the urgency of securing healthcare coverage, particularly for those not yet eligible for Medicare or without continued access to employer-provided benefits. Larry Roby, an expert in retirement planning, emphasizes the significance of exploring alternative options promptly.
Facing unexpected medical expenses during retirement can swiftly deplete savings. Roby cautions retirees against this risk and advises them to research options like Health Insurance Marketplace or Medicaid proactively to find suitable plans.
Retirees can better protect their financial security by prioritizing healthcare coverage early on. Roby’s guidance underscores the importance of planning ahead, urging individuals to take proactive steps to secure coverage for a more confident retirement journey.
In conclusion, heed the advice from SFA Wealth Management and prioritize securing healthcare coverage in retirement. Doing so can safeguard your financial well-being and allow you to enjoy a more secure and fulfilling retirement. Contact us to learn how we can help you confidently navigate retirement planning.