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Posts Tagged ‘Retirement’

COBRA, Retirement and Unemployment: A Guide for Seniors

Friday, February 20th, 2009

The days of having to get up early for work are slowly coming to an end. Thinking about settling down in a few years and accepting the fact you are close to 65 years old. This may be a good time to begin thinking about retirement. After 40 years of working hard, you deserve a little rest and relaxation. Hopefully, you saved up some money and can afford a nice house by the beach where you can begin focusing on the things that you did not have time for and dreamed of doing once you retired.

With Senior Health Care, Timing is Everything

Ten years ago, the economy did not have an effect on people the way it does today. Unfortunately, people thinking about retirement are barely hanging on to their jobs due to a high unemployment rate and recession. The most difficult aspect for some is getting laid off before turning 65 years old and having to determine whether to go with COBRA or an alternative.

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Seniors Live Longer than Ever

Living longer means paying more for health care.

A woman who retires at 65 can expect to maintain her health until the age of 84, on average.2

Retire Earlier with Peace of Mind

Men who expect high health costs after they turn 65 end up retiring – on average – 13 months later than those who don't.3