What are your options for insuring yourself prior to age 65?
If you retire before age 65, you must be prepared to address two insurance issues. One, finding health coverage in the period before you can sign up for Medicare. Two, finding a way to pay for that coverage.
You know it will probably be expensive, but do you realize just how expensive? A single retiree may pay as much as $500-1,000 per month for private health insurance. For a couple, the monthly premiums can surpass $2,000.
Last Week at the Office!
Friday, August 2nd was “Denim Day & Pizza Friday” at TFG. The pizza was great and everyone was comfy in their jeans, except Debbie who apparently didn’t get the 411…she was dressed for the beach!
Check out our featured blog post this week:
Wednesday, July 31st was a big day. The Federal Reserve cut interest rates (by 25 basis points (0.25%)) for the first time since it battled the financial crisis in 2008. To put this in perspective, the last time the Fed cut rates, the Dow Jones Industrial Average was a third of what it is today, and Instagram was not yet invented.
Stay updated with:
published by The Carson Group
Check out all this and more in The Week Ahead, Taylor Financial Group’s weekly newsletter.
Or, if you aren’t subscribed to receive our newsletter via email, sign up below in the webpage footer!
Have a question for Debbie about retirement planning in Ramsey, NJ?