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How to Build a Retirement Plan That Covers Your Healthcare Needs

WiserAdvisor

The average life expectancy in the United States now stands at nearly 80 years, and by 2040, 20% of Americans will be over the age of 65. Invest in a Health Savings Account (HSA) An HSA is a tax-advantaged savings tool that can be used to build retirement health savings. In 2023, healthcare spending in the U.S.

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How Your Health Should Factor Into Your Financial Planning

WiserAdvisor

This article will further explore how health issues can impact your finances and investments that can help you target health-related expenses. While some employers provide disability insurance coverage, it may not be enough to cover all expenses. The HSA contribution limit for family coverage can be up to $7,750.