A Guide for In-Home Care

A Guide for In-Home Care Barnett Financial & Tax

If you are aging and unsure about your options for in-home care as you get older, this article is for you. We’ll also cover the pros and cons of hiring help through an agency and doing it yourself. The most important thing to understand is the basics. If you are a home-bound individual or have…

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3 Questions You May Have About Medicare

3 Questions You May Have About Medicare Barnett Financial & Tax

With market volatility and inflation affecting people’s finances, talk about investment strategies and portfolio longevity seems to dominate retirement planning conversations. But one of the most important aspects of retirement is often overlooked in these conversations: healthcare costs. There are many unexpected costs in retirement, but healthcare is one of the largest spending categories on…

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Your Health is Priceless – But How Much Will It Cost You?

Your Health is Priceless – But How Much Will It Cost You? Barnett Financial and Tax

One of your largest retirement expenses could be your healthcare costs. An average 65-year-old couple retiring today will need an estimated $300,000 to cover their healthcare costs, according to a recent study.[1] Although good health is priceless, it could cost you in retirement. First, know what you can do during the Medicare Fall Open Enrollment…

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Examining the Future of Social Security, Medicare, and Your Taxes

Examining the Future of Social Security, Medicare, and Your Taxes Barnett Financial & Tax

The Social Security trust fund is now expected to be depleted by 2034, according to a recent report from the Social Security and Medicare trustees.[1] That’s one year earlier than they reported last year, and the pandemic is to blame. Less was collected in payroll taxes when unemployment was high, and more people claimed benefits.…

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