Initiative Underscores Importance of Incorporating
Health Care Costs into Retirement Planning
Danvers, MA, March 12, 2015 – HealthView Services announced today that it will support National Retirement Planning Week®’s first ever day devoted to health care in retirement planning. Reflecting growing awareness of the importance of including health care costs in retirement plans, the National Retirement Planning Coalition has designated Thursday, April 16 as Health Care in Retirement Day. The 2015 National Retirement Planning Week runs from April 13-17.
“Health care will be one of the most significant and unpredictable expenses Americans face in retirement, yet few fully understand what they will have to pay for or have allocated funds to cover these costs,” said Cathy Weatherford, IRI President and CEO. “The National Retirement Planning Coalition’s decision to devote a day during National Retirement Planning Week reflects the importance of this issue and building these costs into the planning process.”
Held during financial literacy month, National Retirement Planning Week is led by the National Retirement Planning Coalition, a group of prominent education, consumer advocacy and financial services organizations that have joined together to promote and increase awareness of the need for comprehensive retirement planning.
The Insured Retirement Institute (IRI) and HealthView Services will partner on a continuing education webinar for financial professionals, launch a new White Paper, and share data from HealthView Services’ upcoming 2015 Retirement Health Care Cost Data Report. In addition, HealthView Services will launch a new consumer-oriented health care cost calculator to complement its advisor-oriented planning tools.
“The ability to pay for retirement health care is among today’s top retirement planning concerns, so we are delighted to have the opportunity to support the industry’s efforts to highlight this key retirement planning issue,” said Ron Mastrogiovanni, Founder and Chief Executive Officer of HealthView Services. “HealthView is leading the way in providing both expected retirement health cost projections, and also the education and tools needed to plan for, manage and even reduce them.”
HealthView Services (http://www.hvsfinancial.com) is the leading provider of retirement health care planning applications that include Medicare, long-term care and Social Security optimization. HealthView believes that a health care cost savings strategy should be a foundational component of retirement planning. The company’s methodology initiates advisor/client conversations that ultimately lead to retirement income optimization.
HealthView Services’ HealthWealthLink is an integrated retirement planning platform that draws upon cost data from more than 50 million annual health care cases to assist financial advisors in preparing personalized estimates of retirement health care costs. The platform provides advisors with the tools necessary to implement various strategies to achieve clients’ retirement goals.
HealthView Services also provides retirement health care cost planning tools for individuals through its website.
Release Contact:
Simon Erskine Locke
Cattell, Locke, Pendleton & Partners
Tel: 917-359-6969
slocke@clpandpartners.com
