An individual departing the workforce today will see out-of-pocket health care costs grow 7% annually throughout retirement, an analysis from J.P. Morgan suggests.
A client’s health care costs during retirement are based on his/her location, selected Medicare plan, health condition, lifestyle, and family health history. Plan for your client’s healthcare expenses using GoWealthPro’s easy to use Retiree Healthcare Plannerâ„¢. Offer clients a free sneak preview of their healthcare expenses via an interactive Life and Healthcare Cost Planner tool.