Let’s say you’ve put every duck in a row and made every sound financial decision you can think of when it comes to your retirement savings. You’ve built your accounts, mapped out your future with a financial advisor and accounted for the fact that Social Security benefits may not cover you in full. You’re in great shape, right?
Maybe, but sadly, insurance costs have skyrocketed since the pandemic, and they show no sign of slowing down over the next few years. That makes it hard to plan for costs in retirement, as the goalposts keep moving. With that in mind, you must be aware of these insurance costs that can threaten your nest egg.
