Connecting Health and Wealth. HealthView provides personalized health care expense information for retirement planning.hvsfinancial.com Danvers, MAJoined April 2009
Rising healthcare costs and Social Security complexity demand personalized retirement planning. HealthView Portal gives advisors client-specific projections to uncover gaps, build trust, and often increase AUM through better coordination and asset consolidation.
There are three types of long-term care: a skilled nursing facility (nursing home), assisted living facility (assisted living), and home health care. Each one varies based on needed assistance with ADLs, level of monitoring, and more. Read more in our white paper.
Did you know that in 2020, national home health care spending rose by 6.0%, while nursing home expenditures decreased by 7.8%? However, for those who would prefer home health care, expenses can be significant. Learn more in our white paper. hvsfinancial.com/download-ltc-a…
Drawing on actuarial analysis, “Long-Term Care and Financial Planning” projects personalized LTC costs by analyzing past and current data trends that highlight LTC probability and cost of care based on age, gender, health conditions, and other factors. hvsfinancial.com/download-ltc-a…
News flash: Medicare isn’t going to cover all of your healthcare expenses in retirement. In fact, many people are in for a rude awakening with how little Medicare will cover when it comes to prescriptions, medical care, and long-term care. investopedia.com/retirement-cos…#RetirementPlan
For Americans who have chronic health conditions (50% of Americans have at least one), retirement healthcare cost estimates can easily balloon from $149,564 to as much as $821,319, if not more. Talk to your financial advisor today to start preparing for these costs.
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2021 Data Report Insights: For an average 65-year-old couple who start receiving Social Security payments at 65, healthcare expenses will consume 68% of their benefits.
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