By guest author M. Terry Mechling
Question 4: How can I protect myself from rising health care costs?
Rising healthcare costs can impact your retirement savings and your company’s bottom line. Below are tips from the Dream Again planning center to help you prepare and rebuild your dreams.
First: Review savings solutions
- Business Owners: Watch this video to see how updating your benefits program can give you an edge over your competition. I can help you evaluate solutions to enhance your employees’ benefits package. Through wellness programs and voluntary coverage, like vision and dental, we can create programs tailored for your company that follow these best practices from our Principal 10 Best award recipients.
- Personalized Planning: Healthcare can be one of your biggest expenses – especially during retirement. Your costs may go up as your age increases and your insurance coverage decreases. To prepare for this increase, get an idea of how much you’ll need to set aside and then review your healthcare options during retirement while planning for tomorrow.
Next: Take advantage of savings opportunities
I can help you. Together, we can go through the tools listed above and discuss your next steps. Contact me today!
M. Terry Mechling
Financial Services Representative, Princor Registered Representative
The Principal Financial Group
980 Birmingham Rd., Suite 721
Milton, GA 30004