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What the Rule of 72 says

The Rule of 72 is a finance building block anyone can use to help predict the way your cost of living will increase depending upon the rate of inflation or how your investments will grow depending upon their annual rate of return. This month we received a letter from a retiree in New Jersey speaking to its importance.

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$200,000 In Health Care Costs for Retiree Couples

An average American couple retiring this year will need $200,000 to cover their healthcare costs for the next 20 years in retirement, not including the expense of long-term care. That alarming news is according to Fidelity Investments, which released its fourth annual estimate of retiree medical expenses on in March.


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Long-Term Care: More Than a Health Issue

As the lifespan of the average American has lengthened, so too has the time people spend in retirement. With the ever-rising cost of health care and nursing home care, planning ahead is vital.
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