Expert: Advisers are crucial in retirement health care planning

03/4/2013 | Financial Advisor online

Health care costs are a significant retirement expense, but nearly 70% of seniors haven't considered such expenses in their retirement planning, according to the Allsup Medicare Advisor Seniors Survey. In addition, survey respondents underestimated retirement health care costs by about half. Financial advisers can offer essential guidance to their clients by explaining the limits and nuances of Medicare coverage and helping them make cost-effective decisions, writes Mary Dale Walters of Allsup.

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