For the majority of future retirees, medical expenses pose significant risk to any retirement plan, and they are only projected to rise. Medical cost estimates for couples throughout their full retirement, assuming both partners are 65, has increased $15,000 from 2016 to 2017, bringing total projections to $275,000, after Medicare coverage. Even for professionals with 401k balance projections at their target retirement age over $1 million dollars, this figure is daunting.
A Marathon for Everyone Recently, I went to cheer on a friend running in her first marathon. The excitement of watching thousands of people accomplish such an amazing goal was an experience like no other. I waited at the last bend before the finish line so I’d have a good vantage point for cheering my friend on. What I did not expect was the wave of emotion that washed over the faces of each runner as they saw the finish line for the first time. There were people from all wal
Many financially stressed employees confess to spending 3+ hours of their work week distracted by personal finances, that’s 156 hours per year. This means you could be losing up to $5,260 per employee! So, what can employers do? Here are three ways employers can help employees manage financial stress: Offer financial wellness programs Encourage more savings with a company match Provide financial education DOWNLOAD INFOGRPAHIC >>  PricewaterhouseCoopers LLP. “Employee