Summerlin Benefits Consulting Q&AAnswer
Oct 29, 2024 - 09:53 AM
For retirement, anticipate costs like purchasing a new car, maintaining or upgrading your home, and potentially moving if your current home no longer meets your needs. Other factors include healthcare costs—especially before Medicare eligibility at 65—and unexpected expenses like inflation, repairs, or long-term care. Planning for lifestyle desires, such as travel, is also essential. It’s wise to keep a financial cushion for emergencies.
