Jennifer Myers of SageVest Wealth Management recently offered insights about long term care insurance, which is an increasingly challenging financial consideration for Americans. Jennifer and the author of the article “Long Term Care Insurance: Is It The Right Move…?” discuss some of the key points individuals and families should consider when buying long term care insurance, such as weighing resources for retirement versus what’s needed to protect your family should a care need arise. SageVest Wealth Management proudly serves as a fee-only financial advisor, allowing us to give unbiased advice on insurance products and other financial considerations, always acting in our clients’ best interests.Read More
The notion of retirement is both alluring and complex. It’s the period in your life when you want to enjoy yourself, in good health, with the resources available to fulfill a variety of life ambitions.
Today, your retirement may extend over several decades, offering incredible opportunities to enjoy, partake, and experience a host of life adventures. However, longer retirement periods also require greater resources, and planning ahead is essential. Here are twelve tips for enjoying a successful and rewarding retirement.Read More
The cost of healthcare is a common concern for most Americans. For retirees, it’s often their number one financial priority. A combination of quickly rising health insurance costs and the potential for increased medical needs as you age can make planning for healthcare in retirement complex, unpredictable, and therefore, worrisome.
However, there are actions you can take to mitigate your risks, minimize your healthcare costs, and help you enjoy a happy and healthy retirement.Read More
The Medicare Annual Enrollment Period starts on October 15 and runs through December 7. That makes now the perfect time for retirees to review and, if warranted, change your policy coverage.
Taking the time to examine your Medicare options each year is a wise move for both your health and your wealth. Evaluating your coverage can highlight policy and premium changes that may otherwise prove costly in relation to your current health needs. SageVest Wealth Management offers some recommendations to help you minimize your healthcare costs during retirement.Read More
To learn about revolutionary advancements in the health and medical research fields, SageVest Weallth Management recently hosted Todd Stottlemyer, CEO of Inova’s groundbreaking Center For Personalized Health (ICPH). Todd offered insights on topics including:
– Prediction and Prevention
– Personalized Medicine
– Individualized Wellness
– Research and Population Health
This exciting wave of health care changes is aimed at helping you to enjoy your health and your wealth well into the futureRead More
Congress created Medicare in 1965. In 2010, Medicare provided health care to more than 48 million Americans. On average, Medicare coverage covers about half of health care costs for enrollees. The Medicare open enrollment period is the time during which people with Medicare can make new choices and pick plans that work best for them. Each year Medicare plans typically change what they cost and cover. In addition, your health-care needs may have changed over the past year. The open enrollment period is your opportunity to switch Medicare health and prescription drug plans to better suit your needs.Read More
By a 5-4 vote, the Supreme Court upheld the 2010 Affordable Care Act (ACA). The law’s most controversial provision will stand – a mandate requiring every American citizen to buy individual health insurance coverage. The court made a key distinction, interpreting that mandate not as a directive but as a tax. “The federal government does not have the power to order people to buy health insurance,” Chief Justice John G. Roberts, Jr. wrote in the majority opinion. “The federal government does have the power to impose a tax on those without health insurance.” The ruling carries profound implications for individuals, businesses and households.Read More