Skip to main content

MEDICARE PLANNING

Healthcare is one of the most vital factors of any retirement plan. We can show you how planning for your health can help you better tolerate rising medical costs and worry less about the future.

Medicare: A Key Part of Your Retirement Plan

Retirement planning is about more than income. It’s also about protecting yourself from rising healthcare costs. That’s where Medicare helps. This federal health insurance program supports people 65 and older—or younger if you have certain disabilities. Medicare is essential to your retirement strategy. But with different parts, enrollment deadlines, and plan choices, it can feel overwhelming.

A retirement planning firm can help you make smart decisions that fit your health needs and financial goals.

Know the Basics
Medicare has four main parts:
• Part A: Hospital insurance. It’s often free if you or your spouse paid Medicare taxes while working.
• Part B: Medical insurance. It covers doctor visits, outpatient care, and preventive services. You pay a monthly premium, which can change based on your income.
• Part C (Medicare Advantage): A private alternative to Original Medicare. It may include dental, vision, and prescription coverage.
• Part D: Prescription drug coverage from private insurers. It usually has a monthly premium.

Many retirees also look at Medigap plans to help with costs that Medicare doesn’t fully cover.

Avoid Common Medicare Mistakes

Signing up may seem simple, but here’s what to watch out for:
• Missing your sign-up window. This can cause penalties or gaps in coverage.
• Paying too much. Without guidance, you may pay for plans or services you don’t need.
• Being underinsured. Skipping extra coverage can lead to big out-of-pocket costs.
• Not coordinating other benefits. If you also have employer, federal, or spousal coverage, you’ll want to avoid overlaps or missed benefits.

Work with a Retirement Planning Firm
We help you understand your Medicare options. We guide you through deadlines, review whether you need extra coverage, and make sure Medicare fits into your full retirement plan.

Feel Confident About Your Plan
Medicare is key to your retirement. It works best when it’s part of a bigger strategy. Let us help you avoid costly mistakes and protect both your health and your finances. Schedule your consultation today.

ENJOY LIFE ON YOUR TERMS

It’s never too early — or too late — to take control of your financial future.