Planning for Health Expenses
How to budget for one of life’s biggest expenses
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- PLAN FOR HEALTH EXPENSES
Health Care Planning Basics
Health care is expensive, and it only increases each year. In fact, after housing and transportation, personal health care is the third largest expense for most Americans. According to the CDC, personal health care expenses rose over 30% from 2009 to 2019. How can you plan for these mounting costs without a mortgage refinance calculator? We can help with that question and more.
Health Care Planning FAQs
Longer life expectancies and high health care inflation have escalated the cost of health care in retirement. To help save for health care expenses later in life, consider boosting monthly contributions to your HSA. Once you turn 65, there’s no penalty to withdraw those funds and you can use them for both medical and non-medical expenses.
Let’s make health care costs more manageable.
Three ways to manage one of life's biggest expenses.
HEALTH SAVINGS ACCOUNT
Put money away for future medical expenses – even those in your retirement years.
PERSONAL LINE OF CREDIT LOAN
A great funding option for sudden expenses that you can tap as needed.
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