This week Jim and John take a closer look at healthcare costs while in retirement. The high cost of healthcare not covered by Medicare is one of the reasons many retirees are outliving their assets. Another related factor is inflation rates that are running higher for retirees, mostly due to rapidly rising medical costs. Jim offers some potential strategies to deal with this critical issue, especially with retiring Baby Boomers projected to live longer than any preceding generation. They illustrate some of these issues with the case study of John and Kathy Wheeler. The guest this week is David Sayan, Regional Administrator at Centers for Medicare & Medicaid Services. David will discuss how to get free access to services that help in understanding Medicare and how it works, as well as how to learn about your rights and protections under Medicare.
.
