medical inflation
Your proximity to children, grandchildren and family, bearing in mind that if you do not intend to live close to your loved ones you will need to build travel costs into your post-retirement budget.
It is estimated that in the last five years of life, total healthcare spend for dementia patients is almost 60% greater than the costs associated with death from other diseases, including cancer and heart disease – although keep in mind
Trying to guess how long you will live is a dangerous game to play when developing your retirement plan, and our advice is to develop a range of retirement scenarios using varying longevity assumptions so that you have a clear
We all know that medical inflation outstrips consumer inflation by around 3% - 5% per year, and it is, therefore, essential that you build these increases into your post-retirement budget. However, there are a number of other factors that should
Because women generally live longer than men, there is a very real chance that women will find themselves living alone for a period in their retirement, and this needs to be accounted for in one’s retirement plan.
