It’s Sunday, which means...it’s recap time here on the Retirement Quick Tips Podcast

This week the theme was: Enrolling in medicare, do’s & don'ts 

In case you missed any episodes, here’s what we discussed in my interview with Medicare expert, Tim Becker this week…

• What to know when signing up for Medicare for the very first time
• Sorting through different Medicare plan options, finding the best resources and how to pick the best plan options for your situation
• Common and costly mistakes that people make with Medicare
• What the prescription drug donut hole is and how to avoid it
• What to know about the annual enrollment period and whether or not you’ll want to make changes to your medicare coverage if you’re already enrolled in Medicare

You can also check out the full interview, along with over 100 other videos on retirement on my YouTube channel - True North Retirement. 

The most important takeaway from this week is: Choosing the right medicare coverage plan lineup can be overwhelming and confusing, but there are people and resources out there to help you pick the right coverage and avoid costly mistakes. 

Tomorrow I’m starting a brand new weekly theme: How To Stop Financially Supporting Your Adult Children. It’s called boomerang kids. Adult children who leave the nest, then boomerang back home and back onto the bankroll of mom and dad. According to the U.S. Census Bureau, in 2015, a third of young people–or 24 million of those aged 18 to 34–lived with their parents. That trend has worsened since the pandemic, leading many close-to-retirement age parents stuck with supporting their adult children, and falling behind on their own retirement savings as a result.

So we’ll explore this more in depth next week, and what to do if you have a boomerang kid of your own. 

Thank you so much for listening this week! If you’re enjoying the podcast, chances are someone else you know who is getting close to retirement could also benefit from checking it out, so please share the show with a friend, a neighbor, your sister, or your boss. Just go to your favorite podcasting app, hit the share icon, then text or email the show link to someone you know who is eyeing retirement. 

Thanks for sharing the love and spreading the word. I hope you have a blessed Sunday. My name is Ashley Micciche, this is the Retirement Quick Tips Podcast.

----------

>>> Subscribe on Apple Podcasts: https://apple.co/2DI2LSP

>>> Subscribe on Amazon Alexa: https://amzn.to/2xRKrCs

>>> Visit the podcast page: https://truenorthra.com/podcast/ 

----------

Tags: retirement, investing, money, finance, financial planning, retirement planning, saving money, personal finance