How to Plan For Rising Health Care Costs in Retirement

Episode 34 - Regions Wealth Podcast Series

As of 2021, the average 65-year-old couple will need approximately $300,000 saved to cover their health care expenses in retirement, and for those that are planning on retiring before they’re eligible for Medicare, that number may be even higher. So what can you do to prepare for the rising cost of health care? In this episode, we’re chatting with Wealth Advisor Mike Fleischhauer on how to plan for medical expenses in retirement, health insurance options for early retirees, and the pros and cons of long term care insurance.

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Meet the Speaker

Mike Fleischhauer serves as a Private Wealth Management Wealth Advisor at Regions, serving the greater Tampa Bay area. He joined Regions last March with 20+ years of industry experience, including being a CERTIFIED FINANCIAL PLANNER practitioner (CFP®) and a Certified Public Accountant (CPA). Prior to earning his Bachelor of Science in Accounting, Mike served on the US Navy, where he was stationed at Naval Air Station in Guam. Mike is very involved in his community has volunteer experience for the Big Brother program and served as a Wish Coordinator/Board Member for the Mary Lyons Foundation. Want to find and advisor like Mike? Contact a Wealth Advisor today.

Listen to More in Our Podcast Series

Our Regions Wealth Podcast empowers you to be smart about life's financial challenges. Gain confidence in your personal or business financial strategy. Listen to more episodes to hear how experienced wealth advisors approach the big financial questions we all face.

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This information is general education or marketing in nature and is not intended to be accounting, legal, tax, investment or financial advice. Statements of individuals are their own—not Regions’. Consult an appropriate professional concerning your specific situation. This podcast is intended for educational and marketing purposes only. The people and events are fictional but represent real issues. No identification with actual persons is intended or should be inferred.