Rising health care costs: Is your retirement income keeping up?

Health care premium costs can have a dramatic effect on retirement income

Health care expenses are much higher for those age 65 or older, on average they take up almost 14% of their incomes.(1) And costs are only expected to rise.

Join us for a complimentary seminar where we’ll focus on these three steps:

• Demonstrate how health care coverage in retirement works
• Show the potential costs and impacts of health care coverage
• Develop a strategy to help cover potential out of pocket expenses

Hosted by Consumers Credit Union and our CFS* Financial Advisor, John Shubert. Presented by Scott Russomanno, Regional Vice President of Allianz.

Scott Russomanno is not affiliated with CUSO Financial Services, L.P. and/or Consumers Credit Union.

1 U.S. Bureau of Labor Statistics, “A closer look at spending patterns of older Americans,” Beyond the Numbers Vol. 5, No. 4, September, 2016.

*Non-deposit investment products and services are offered through CUSO Financial Services, L.P. (“CFS”), a registered broker-dealer (Member FINRA/SIPC) and SEC Registered Investment Advisor. Products offered through CFS: are not NCUA/NCUSIF or otherwise federally insured, are not guarantees or obligations of the credit union, and may involve investment risk including possible loss of principal. Investment Representatives are registered through CFS. Consumers Credit Union has contracted with CFS to make non-deposit investment products and services available to credit union members.

Before deciding whether to retain assets in an employer sponsored plan or roll over to an IRA and investor should consider various factors including, but not limited to: investment options, fees and expenses, services, withdrawal penalties, protection from creditors and legal judgments, required minimum distributions and possession of employer stock.