Josh Scandlen Podcast

Medicare does NOT cover long term care costs.  Did you know that? Probably not.   I bet you did know, though, that you're going to spend a TON of money on health care in retirement.  Fidelity for instance says you're going to spend $275,000 in costs on health care and that's BEFORE you even visit a long term care facility. And I can see it now... We hardly have enough in my retirement account to put food on the table, and now Fidelity and a lot of other firms are saying we're going to need nearly $300k to pay for health casts in retirement??!!  What are we going to do??? The answer is...stop worrying about this.  Do you know you're going to need over $500k in retirement in order to put food on the table? Did you know you'll need another $500k in your retirement to pay for housing costs, and that's before you factor in if you have a mortgage or not??? OMG, OMG!  We're all doomed!!! STOP the insanity!  We're not all doomed.  How these researchers like Fidelity get th