Tag: Medicare

Healthcare Costs in Retirement: Strategies to Manage Your Expenses (Ep. 61)

Healthcare Costs in Retirement: Strategies to Manage Your Expenses (Ep. 61)

Are you struggling to navigate the maze of Medicare and healthcare costs in retirement?

In this episode, Josh Leonard and Pete Belcastro delve into the complexities of healthcare planning for retirees. They discuss understanding Medicare, evaluating different health plans, and the critical steps to prevent unexpected medical expenses. Josh and Pete share valuable insights into Medicare’s parts, long-term care options, and the magical benefits of a Health Savings Account (HSA).

Josh and Pete discuss: 

  • Understanding the intricacies of Medicare parts A, B, C, and D
  • Evaluating long-term care options and associated costs
  • Strategies for shopping around for prescription drug plans annually
  • The advantages of contributing to and using a Health Savings Account (HSA)
  • And more

 

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How to Choose the Best Place to Retire (Ep. 24)

How to Choose the Best Place to Retire (Ep. 24)

Are you questioning whether you want to retire in your home state or venture into a different area during your golden years? 

Josh Leonard explores the topic of the best places to retire, depending on an individual’s savings and personal preferences. He explains the important factors to consider when making the decision to relocate such as thinking about the taxes, the cost of living, the proximity to family and friends and more.

In this episode, Josh covers: 

  • How to research the cost of living for the place you desire to relocate to
  • Getting to know the climate or seasonal changes in certain retirement locations
  • Considering the travel time to visit your loved ones, especially any kids or grandkids in your family
  • Looking for areas where it’s not going to be difficult to stay active and make new friends 
  • Thinking about healthcare needs before making a move in retirement
  • Considerations for living overseas in retirement
  • And more

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Are You Thinking About Un-Retiring? (Ep. 21)

Are You Thinking About Un-Retiring? (Ep. 21)

Retirement just isn’t what it used to be.  

In this episode, Josh Leonard discusses the concept of “unretirement” and finding a mission in the next phase of life. They challenge the conventional understanding of retirement, discussing the potential pitfalls, tax implications, and the emotional aspects of stepping away from a lifelong career.

Josh unpacks:

  • The future of retirement and how individuals are seeking purpose beyond the paycheck
  • Caution against claiming social security too early due to potential repayments
  • Reasons why individuals return to the workforce post-retirement
  • The emotional aspects of work: finding a mission, purpose, and social connection
  • How work can serve as a gateway to community involvement
  • Tax implications of relocating during retirement
  • And more!

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