STOCK MARKET WATCH -- Tuesday, 28 October 2014

[Demeter]

15. 5 Ways To Keep Your Health And Your Wealth In Retirement

http://www.forbes.com/sites/nancyanderson/2014/10/27/5-ways-to-keep-your-health-and-your-wealth-in-retirement/

In the “Women, Money and Power” study by Allianz, almost half the women surveyed responded that they “often” or “sometimes” fear losing all their money and becoming homeless. This fear permeated all income levels — a third of respondents who make $200,000 or more per year still reported that they were afraid of becoming bag ladies.

The real worry, however, isn’t as extreme as losing everything and looking like an extra on “Les Mis.” It’s the slow and steady drip of increased health care expenses in retirement, which can leave you with all the time in the world but not the money to enjoy it.

When we think of what we’re going to spend our retirement savings on, we tend to think more about the fun stuff — spending our hard-earned cash on medical expenses feels like a kill-joy. I’d much rather rent a convertible and take a drive along Highway 1 in California or take a helicopter ride over the Grand Canyon than pay for Medicare Part D premiums and out-of-pocket medical expenses.

In order to do both, it’s important to plan ahead for health care expenses in retirement. Here are some ways to prepare:

SEE LINK---IT MIGHT HELP!