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The Importance of Retirement Planning for Senior Citizens

WiserAdvisor

Planning for these expenses is important, and a robust retirement plan should include strategies for covering routine healthcare costs, as well as a substantial health emergency fund that can be tapped for unexpected medical emergencies.

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10 Common Retirement Blind Spots You’ll Want to Avoid for a Secure Future

WiserAdvisor

Therefore, it is crucial for you to anticipate and plan for the possibility of health-related financial strains and ensure that your health issues do not jeopardize your financial security. Health insurance is a viable option. To mitigate this risk, you must invest in health insurance and long-term care insurance.