Local Seminars
Get must-know insights on retirement issues relating to your financial future - including getting the most out of your Social Security benefits. We offer local, no-cost seminars to help you make well-informed decisions with confidence.
Wealth Preservation
Discover advanced strategies to keep your wealth safe and intact. We can help you protect life savings from market volatility, tax liability, and other costly wealth-draining factors. Learn ways to make your money work for you.
Income Planning
Let us empower you to enjoy peace of mind and know how you will pay for your fixed-income needs each month. See how you can benefit from specialized financial strategies for lifelong, reliable income no matter what the market does.
Retirement Planning
Build a personal plan so you can maintain your lifestyle and spend with confidence. We offer planning options for many goals: income, asset protection, risk management, low-risk wealth accumulation, and more.
SafeMoney.com Blog
Study: Many Retirees Underestimate Healthcare Costs When They Retire
The high cost of healthcare looms as a major factor for retirees to deal with after they stop working. But a recent online survey revealed that things may actually be even worse than what retirees are predicting.
Sponsored by Nationwide Life Insurance Company, the survey was conducted from March through April of 2019. The 1,462 people who were polled were at least 50 years old. This group was a mix of pre-retirees, current retirees, and folks who had been retired for at least 10 years. An additional 516 caregivers were also polled.
The findings? Most of the retirees greatly underestimated their retirement healthcare costs. The majority predicted they would need to spend roughly $7,000 a year on healthcare in retirement. Nationwide estimated the real cost would be closer to $10,739 for the average retiree.
The insurer's health cost estimate was based on the Summary of National Health Expenditures, with reported spending data from the 1960s to 2017.
How to Create More Predictable Income Certainty As Pensions Fade Away
Once a corporate giant, General Electric Corporation has found itself in a downward spiral in recent years. The former staple of American business has been working to clear some substantial debt off its books.
One of the company’s latest big moves? To reduce debt by freezing its employee pension assets. This means that benefits will not continue to accrue for its employees, even though they continue to work there.
But while this is obviously better than pension termination, where the pension plan is simply dissolved, it marks the latest casualty in the pension landscape in corporate America.
Proud Affiliate of Marrone Law -- Specializing in Personal Injury Cases and Other Civil Litigation
Newsletter Signup
Get In Touch
Contact us to request a personalized consultation and get answers to your questions.
"I recommend Mike Marrone, and Marrone Financial, for their professionalism, financial experience, and knowledge of the retirement planning space. Mike is exemplary in his dedication to consumer education and in helping his clients find solutions that fit their complete financial picture."
Brent Meyer Jr., Founder of SafeMoney.com
SAFEMONEY.COM ADVISORS FEATURED ON
The education we provide here is imperative to your financial success, especially in today's economic environment. Here you will learn how to create a plan that is guaranteed to meet or exceed your immediate or distant financial expectations. We encourage you to share this academic resource with your friends and family, so that they can also empower themselves with the knowledge found here.
