The new healthcare estimates are in:  Fidelity says a 65-year-old couple retiring this year can expect to spend about $295,000 in healthcare costs, over the rest of their lives!  That’s $10,000 more than last year.  And considering that we’ll still have all our other retirement expenses to pay, how in the world do we prepare for that?
Fidelity’s annual Health Care Cost Estimate says a 65-year-old couple retiring this year should expect to spend about $295,000 on health care costs alone in retirement.  (A single woman retiring at 65 in 2020 can expect to pay around $155,000 for health care during her retirement while a man at the same age may pay $140,000.)
That includes Medicare Part A, Part B and Part D premiums and deductibles, but it does not include over-the-counter medications, vitamin supplements and glasses.  Long-term care insurance is also not included, which on its own could be an additional thousands of dollars a month.

If you're interested in meeting with Steve for a Complimentary Portfolio Review, call Steve today! This is a great opportunity to see where you stand today, what can you do to reach your retirement goals, avoid making financial mistakes that can set you back, and more!  

The new healthcare estimates are in:  Fidelity says a 65-year-old couple retiring this year can expect to spend about $295,000 in healthcare costs, over the rest of their lives!  That’s $10,000 more than last year.  And considering that we’ll still have all our other retirement expenses to pay, how in the world do we prepare for that? <ul> <li>Fidelity’s annual Health Care Cost Estimate says a 65-year-old couple retiring this year should expect to spend about $295,000 on health care costs alone in retirement.  (A single woman retiring at 65 in 2020 can expect to pay around $155,000 for health care during her retirement while a man at the same age may pay $140,000.)</li> <li>That includes Medicare Part A, Part B and Part D premiums and deductibles, but it does not include over-the-counter medications, vitamin supplements and glasses.  Long-term care insurance is also not included, which on its own could be an additional thousands of dollars a month.</li> </ul> If you're interested in meeting with <a href="https://hoylfinancialgroup.com/">Steve</a> for a <a href="https://hoylfinancialgroup.com/">Complimentary Portfolio Review,</a> call <a href="https://hoylfinancialgroup.com/">Steve</a> today! This is a great opportunity to see where you stand today, what can you do to reach your retirement goals, avoid making financial mistakes that can set you back, and more!

Steve Hoyl and Derrik Caldwell have worked tirelessly to craft personalized, high-quality financial services to a diverse group of clients at all income levels. As a lifelong resident of the Texas Panhandle, Steve has a unique insight into the passions, motivations and concerns of his client. It’s this connection with community — alongside more than three decades of industry experience — that allows Steve and Derrik to create retirement strategies that are as unique as the clients they serve and the places they live.

Learn more about Steve, Derrik and the rest of the team here.

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Steve Hoyl and Derrik Caldwell have worked tirelessly to craft personalized, high-quality financial services to a diverse group of clients at all income levels. As a lifelong resident of the Texas Panhandle, Steve has a unique insight into the passions, motivations and concerns of his client. It’s this connection with community — alongside more than three decades of industry experience — that allows Steve and Derrik to create retirement strategies that are as unique as the clients they serve and the places they live.
Learn more about Steve, Derrik and the rest of the team <a href="https://hoylfinancialgroup.com/podcast/">here</a>.
Don't miss an episode. Subscribe or follow wherever you get your favorite podcasts!
For more helpful insights follow on social media: <a href="https://www.facebook.com/HoylFinancialLLC">Facebook </a>and <a href="https://twitter.com/HoylFinanacial">X</a>

Retire Texas Style!

For over 30 years, Steve has worked tirelessly to craft personalized, high-quality financial services to a diverse group of clients at all income levels. As a lifelong resident of the Texas Panhandle, Steve has a unique insight into the passions, motivations and concerns of his client. It’s this connection with his community — alongside more than three decades of industry experience — that allows Steve to create retirement strategies that are as unique as his clients and the place they live.

The new healthcare estimates are in:  Fidelity says a 65-year-old couple retiring this year can expect to spend about $295,000 in healthcare costs, over the rest of their lives!  That’s $10,000 more than last year.  And considering...

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