When to Consider Supplemental Health Insurance
Posted: August 25, 2021
When to Consider Supplemental Health InsuranceSupplemental health insurance can cover out-of-pocket expenses that your regular health insurance plan does not cover. Many older adults purchase this type of plan when they go on Medicare. Younger individuals may also consider supplemental health coverage to pay for deductibles, co-pays, coinsurance, and other expenses that may arise in the event of a serious accident or illness. If you are under age 65 and...
What Happens to my Regular Health Insurance When I get Medicare?
Posted: June 10, 2021
What Happens to my Regular Health Insurance When I get Medicare?When you reach age 65, you gain an advantage – you are eligible for Medicare. If you already have health insurance through your employer, through your spouse, or purchased as an individual, it can help to know how Medicare will affect that health insurance. When you sign up with Medicare, it is advised that you get assistance from a local insurance agent, as the process...
Retire StrongHer
Hello friends,
Did you know that…
- Just 46 percent of wage and salaried women working in the United States participate in a retirement plan.
- Women are more likely to work in part-time jobs that don’t qualify for a retirement plan.
- Working women are more likely than men to interrupt their careers to take care of family members. Therefore, they work fewer years and contribute less toward their retirement, resulting in lower lifetime savings.
- On average, a female retiring at age 65 can expect to live another 21 years, nearly 3 years longer than a man the same age.
Why a podcast?
For the past several years women have enjoyed sharing their business stories, money woes, marriages, and family matters with me. That process has allowed us to learn and grow from one another and we have come to realize that there are a few commonalities for most of us as we get older: Time is not standing still, life is too short, our loved ones are leaving us, our affairs are a mess from not knowing what to do in our younger years, and we are left to pick up the pieces.
But I have good news for you, I’ve been there. I am a wife, a mother, and a business owner. Pair that with my experience in the financial and insurance industries and I have lived, learned and equipped myself with the tools to empower women to have more money and be better prepared for retirement.
The most important bit of information I can share with you is that it is never too late to do SOMETHING! Start NOW and let’s make the best of where we are and where we can be. I’m your girl! I will show you that today can be a good day and help you on the path to a better tomorrow. I want every one of us to come out strong when it comes to retirement. And we can do that if we take some time to talk about it!
Meet me and a few of my special guests this fall as we discuss your overall financial wellness on my podcast. Conversations will span topics on everyday money matters as the woman navigates her life towards achieving wealth, retirement, and leaving a legacy for her family. This podcast is all about meeting you where you are and helping you get back on track. Join me, Devora Ascott Black, on Retire StrongHer… you will be glad you did.