Covering health care costs in retirement is one of the most significant — yet unpredictable — aspects of retirement planning. How much should you plan to spend on health care in retirement? How can you prepare for these costs? Read our article to find the answers.

As you'll see in the article, increasing your retirement savings is one of the best ways to prepare for health care expenses in retirement. And one of the best times to increase the amount you save for retirement is when you receive a raise. If you receive a 3% raise, increase your retirement contribution by 1% - 2% of your salary. You won't notice the difference — and you'll reduce your taxable income, too.

For those eligible for the Public Service Student Loan Forgiveness Program, please note that you must apply by October 31, 2022. See below to register for the final webinar on the topic.

As always, please contact us to discuss specific financial questions via email or call us at 888-JRB-FREE (572-3733).

L'Shalom,