Year-End Giving

As we approach the end of the year, it is important to keep in mind that any charitable gifts you are planning to make must be completed before year-end and must go to qualified charities in order for you to be eligible to receive any 2017 tax deduction for making these gifts.

 

 

 

Planning for Healthcare Costs in Retirement

How much will you need to save?

According to recent data published by the Employee Benefits Research Institute (EBRI) the average American couple with median prescription drug expenses will need to save $265,000 in order to have a 90% probability of covering just their out-of-pocket healthcare costs (e.g., Medicare premiums, deductibles and copays, as well as dental, vision and hearing) over the course of their retirement.