Thinking about retirement? You might want to budget more for health care than you'd expect. A recent Wall Street Journal article highlights three big costs retirees tend to underestimate. In this video, Peter with Richon Planning and Erin Kennedy walk through these 3 (often overlooked) medical costs. They are:

1️⃣ Medications – especially new or non-generic prescriptions

2️⃣ Medical Isolation – higher costs in areas with limited access to care

3️⃣ Concierge Care – in some markets, doctors aren't accepting Medicare and instead are charging an annual fee (averaging $3,500) to be seen

In retirement, healthcare isn't just about insurance. It's about planning ahead. If you'd like to sit down with Peter to discuss your best options for healthcare and build a plan that accounts for these "hidden" expenses, please call (919) 300-5886 or visit www.RichonPlanning.com