Medical expenses are the number one reason for overspending among older households

The number one reason older households are overspending is a medical issue.  According to a recent survey from Employee Benefit Research Institute (EBRI), it found 85 percent of all seniors who spent at least 20 percent of their income on medical expenses. So, you need to plan for medical expenses to ensure your own expenditures don’t exceed income available in your later years. Read attached article here…

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