President Obama’s speech to the nation on Tuesday focused
more on health care than retirement benefits—neither was a major discussion
point—but there was still plenty of food for thought for the DC investment industry.
Pre-retirees among all financial statuses have fears about health costs
in retirement, but they are not having the conversations needed to plan for them.
Long-term care insurance provider Genworth has launched a
new online resource to help financial professionals educate and guide clients
in this challenging area.
Experts suggest the
Affordable Care Act offers options for those seeking early retirement but needing,
for obvious reasons, to maintain affordable medical coverage traditionally only
found in the workplace.