Springhill Group : The Roth IRA Answer To Retirement Medical Costs - .linkedin

Earlier this year Fidelity Investments estimated that a couple retiring today at age 65 can expect to pay $230,000 in Medicare premiums and uncovered expenses over the course of their golden years… a poisonous reality that must be met in addition to regular retirement savings. The fact that rising health care costs also tops the biggest concerns among many retirees means finding a antidote for both saving and investing appropriately to offset the burden of future medical expenses.



To address healthcare concerns and future living costs, I often suggest that soon-to-be retirees maximize their funding of a Roth IRA and consider taking a more aggressive, long-term stance with the investments inside of it. You are likely familiar with the popular features of the Roth IRA, including tax-deferred growth and tax-free-withdrawals, but many haven’t considered how additional features can be used to offset future medical expenses, such as the fact that there are no required distributions at age 70½ and that owners can invest in anything they want within their Roth.

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» Springhill Group : The Roth IRA Answer To Retirement Medical Costs - .linkedin
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