Written by Reed Tinsley, CPA |
September 10, 2005
How Rising Healthcare Costs Could Impact Your Retirement Planning
From the September 2005 issue of the Practical Accountant magazine:
According to two recent retirement studies by Prudential Financial, Inc., 7 in 10 Americans feel rapidly rising healthcare costs are hurting their prospects for a comfortable retirement. 2 in 10 anticipate they might need nursing home care in the first 10 years of retirement, and for the second phase of retirement, that number jumps to more than 4 in 10.
Question: How is your retirement planning process going?
About the Author
Reed Tinsley CPA
This article is written by Reed Tinsley, a Houston, TX-based CPA with over 30 years of experience advising physicians and medical practices across Texas and the United States. Reed holds certifications as a Certified Valuation Analyst (CVA), Certified Healthcare Business Consultant (CHBC), and Certified Financial Planner (CFP), specializing exclusively in the healthcare sector. He is a published author, nationally recognized speaker, and trusted advisor to physicians on
accounting & tax,
practice management, and
financial planning.
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