Healthy enough to retire?

Coghlan, J. Graydon
August 2008
Accounting Today;8/18/2008, Vol. 22 Issue 15, p16
Trade Publication
The author reflects on the financial burdens of retirees due to health and medical issues. He addresses the problem that people in their retirement years encounter of spending money on health care with the exclusion of assisted living or nursing care. He argues that the unexpected additional health and medical expenses prevent retirees from earning additional income to cover disability expenditures. He also raises the issue on who would cover the health care insurances of retirees, noting the existence of group insurance and health savings account.


Related Articles

  • Social Security: Planning Is Crucial. Marotta, David John // Business Journal (Central New York);3/6/2009, Vol. 23 Issue 10, p9 

    The article discusses the importance of Social Security benefits for residents in the U.S. In 1935, the Social Security Act was enacted into law that includes consideration in health, income before retirement, income during retirement and taxes. In addition, retirees cannot rely on common...

  • Pension and Health Insurance Trends. Doerpinghaus, Helen I. // Business & Economic Review;Jul-Sep2005, Vol. 51 Issue 4, p30 

    Reports on the trend with both employer-based pensions and medical insurance which is toward less employer liability and more employee choice. Employers' limiting of their financial liability by making a fixed contribution regardless of what happens to the cost of retirement and health benefits;...

  • Marking milestones. Basu, Somnath // Employee Benefit News;Aug2007, Vol. 21 Issue 10, p56 

    The article focuses on retirement planning that pursues an age-banded approach, in which individuals undergo various lifestyle changes during retirement that last for finite or age-banded periods. The age-banded model of retirement planning provides an accurate portrayal of retirement expenses...

  • Finding Stepsto a Worry-Free Retirement. Roman Sr., Don M. // Atlanta Tribune;Apr2010, Vol. 24 Issue 1, p18 

    The article discusses several steps to ensure that accumulated assets are sufficient to meet financial objectives upon retirement. It cites the targeted approach where one allocates separate sums of financial resources into specific life goals. It notes that a retiree who has earmarked his money...

  • Retirees Are Not Just Living Longer, They're Living Differently. Rose, Mitchell // On Wall Street;Aug2007 Supplement, p26 

    The article highlights retirees' active lifestyles which require more comprehensive yet flexible retirement planning. According to a study conducted by MetLife Mature Market Institute in 2006, returning to work is common for retirees. Tom McCarthy of McCarthy & Cox, LLC in Marysville, Ohio,...

  • Federal Retirement Thrift Investment Board: Many Responsibilities and Investment Policies Set by Congress: GAO-07-611.  // GAO Reports;7/23/2007, p1 

    The Thrift Savings Plan (TSP), a retirement savings and investment plan for federal workers, held approximately $210 billion in retirement assets for 3.7 million participants, as of February 2007. TSP is managed by the Federal Retirement Thrift Investment Board (FRTIB). In light of questions...

  • Feather your nest. de Klerk, Vic // Finance Week;03/23/2001, p12 

    Examines the status of retirement planning in South Africa. Economic factors that pose difficulties to retirement planning; Reasons for the decline in listed shares in the country; Alternative plans that can be done by retirees who have retirement income problems.

  • Three key ingredients to successful retirement plan. Runnion, Lewis // Fort Worth Business Press;6/13/2003, Vol. 16 Issue 24, p28 

    Examines how a successful retirement plan can be developed in the U.S. Challenges facing retirees; Components of retirement income; Sources of retirement income.

  • Getting Into Income Planning. Koco, Linda // National Underwriter / Life & Health Financial Services;2/27/2006, Vol. 110 Issue 8, p42 

    The article discusses income planning as another option available for retiree clients in the U.S. During the annual marketing conference of National Association for Variable Annuities in Reston, Virginia, three strategies were given focused for the growing retirement income business while at the...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics