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5 Retirement Mistakes You Need To Avoid

5 Retirement Mistakes You Need To Avoid

Retirement costs can be high, surprisingly high. You can help minimize the shock of retirement expenses by planning. Below are 5 retirement mistakes you need to avoid.

Mistake #1: Not Planning For Medical Expenses

You can start using Medicare benefits at age 65, but that’s not where your medical expenses end. Fidelity Benefits Consulting estimates a 65-year-old couple who retired in 2014 will need approximately $220,000 of their own money for medical expenses over the course of retirement.

Plan ahead by getting educated. Medicare Parts A & B won't cover all your Medicare costs...

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See how Integrated Financial Concept's smarter approach to planning can help your financial future.