Our daily roundup of retirement news your clients may be thinking about.

Making retirement lemonade from health insurance lemons The total out-of-pocket health care expenses of a 65-year-old couple in retirement could exceed $320,000, with these costs to increase 5% annually, according to this article on CNBC. Clients who want to secure their retirement are advised to prepare for these costs, with strategies such as contributing to a health savings account. "The HSA is the best tax-saving tool. Money goes in pretax and comes out pretax. There's nothing else like it," says an expert.

Register or login for access to this item and much more

All Bank Investment Consultant content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access