I was quite confident in my financial security and strategy. That is until Mum and Dad’s health needed more attention. Source: Smart Investor, March 2016, Issue 311
No one expects to get sick or be forced to retire early as a result but sometimes life throws us …
Can your retirement plan roll with the punches from healthcare costs or will it suffer a knock-out in the first round? Can it survive a stroke or a heart attack? Or will it be wrecked by unexpected conditions that require long-term care such as cancer or Alzheimer’s Disease? Source: IMoney.my, March 15, 2016
As birthrates fall and life spans lengthen, there’s plenty of room for expansion in this market, because babies grow out of diapers, but incontinent adults usually don’t.
study by Accenture shows that when it comes to shopping for healthcare online, older shoppers, long assumed to be less confident digitally, seem better able to figure things out for themselves – online.
They say “Life is a marathon, not a sprint.” That saying actually applies to retirement planning as well.