I want to be fat and happy in retirement, but it’s probably not the fat your thinking about. I mean that I want my retirement account to be fat and one way to cut your expenses in retirement is to be healthy. Did you know that America pays twice as much for medicine and healthcare as other developed countries? The ironic thing is that we continue to get more unhealthy.
One of the biggest issues is Medicare. With our out-of-control medical cost increases and the influx of retiring baby boomers, there is going to be more and more of a demand for taxpayers to foot the bill. Did you know that Medicare sucked up 3.6 percent of the economy in 2010? And that number is expected to rise to 5.1 percent by 2030.
It’s time to cut the fat and get healthy. Start jogging. Eat your veggies. Stop smoking. Drink less beer. Staying healthy is one of the best ways to keep medical costs low in retirement. This will help make your retirement savings and your lifespan go much farther.
And since you will be living longer, it would probably be a good idea to have a guaranteed income that you cannot outlive. Give us a call at Annuity Think Tank at (855) 888-6494 or email us at email@example.com and let us show you the best products to do just that.