Hall said, "Social Security has a cost-of-living adjustment [that] keeps up with inflation. Our investments will also adjust over time if we keep some growth in the mix. The real lever is spending. When prices bite, pull back on nonessentials. Maybe fewer big trips for a season. Maybe different choices than what you have always done. Keep core bills matched to steady income and let the portfolio work."We don’t marry a 3% or 4% rule [for the percentage of your retirement funds to withdraw each year ]. We set ...

Core Insights - A significant majority of affluent Americans (89%) are confident in their ability to cover essential expenses in retirement, yet many fail to consider critical risks such as inflation and healthcare costs [1][2] Inflation Impact - Many mass affluent couples do not incorporate inflation into their retirement strategies, which can lead to faster depletion of assets. For instance, $100,000 in annual expenses in 2020 would rise to nearly $125,000 by 2025 due to inflation [3] - Average inflation rates over 20 years stand at 2.2%, while the five-year average is 2.7%. High inflation combined with market downturns can significantly affect financial plans [4] Healthcare Costs - Healthcare costs are a major oversight in retirement planning, with an additional $600 per month recommended to cover healthcare expenses. However, long-term care can be substantially more expensive, with typical nursing home costs reaching $10,000 per month [5][6] - Only 53% of individuals who discussed retirement with a partner considered inflation, and this number drops to 45% among those who did not have such discussions. Similarly, only 48% factored healthcare costs into their plans, decreasing to 37% for those who did not discuss retirement [6][7]

The House narrowly passed a GOPbacked healthc care bill last night aimed at bringing down the cost of healthare >> that doesn't include an extension of subsidies that help keep the cost of premiums down for those on Obamacare. Without that, health care costs for 22 million Americans could double in the new year. While the president and many Republicans saw the subsidies too expensive and won't bring down the overall costs, some in their own party defecting yesterday, joining a Democratic effort to pass thos ...

Healthcare Pricing - US hospitals are marking up old cancer treatments significantly [1] - Markups are sometimes hundreds of times what Medicare pays [1]

Joining us right now first on CNBC is Medline CEO Jim Bole. Good morning to you. >> Good morning.>> Congratulations. This been this has been a quite a road for you to get to to this point. Uh why go public now.What's the what's what's the thinking in terms of where you came from and where you are right now. >> And as you know, we've been a private company for 58 years. Um with 58 years of consecutive growth, uh we just feel like this is the right time for us to kind of expand our voice.Historically, we've d ...

We are now 326 days away from the midterms and we are headed straight for the healthc care cliff. Today the Senate could not pass an extension to Obamacare subsidies. That means it is all but certain that premiums for millions of Americans will skyrocket next year.This is an urgent issue for those Americans who are dealing with plenty of other high costs. Here's what Republican Senator John Cornin said about what comes next. My hope is if we're unsuccessful today in passing a rational substitute for this fa ...

A new class of drugs can save the lives of children like Maisie. Trouble is, one dose costs millions of dollars. >> It was cheaper for her to die.They were banking on her dying. >> Neither health insurance nor government has figured out how to pay for the next wave of miracle medicines. I liken it to a coming tsunami which is basically going to overwhelm the employer sponsored insurance system. ...

Senator Cassidy joins us this morning. He chairs the health, education, labor, uh, and pensions, uh, or help committee. And Senator, it's good to have you on. Uh, Senator Doctor, it's good to have you on on this morning.Um, is there are we with with the competing plans. Are we moving somewhere. Because neither one is is probably going to pass.I is this is this necessary work that that we need to do the the the whole procedure to get to an end point at some point. >> Joe, it might be necessary. Good morning, ...

The White House, in sharp escalation of military action, has seized a large oil tanker off the coast of Venezuela. President Trump initially gave little information on why that tanker was taken by US forces, and as you heard earlier, he seemed to be unsure of where the oil on board would even end up. >> Well, thank you very much.It's been an interesting day from the standpoint of news. As you probably know, we've just seized a tanker on the coast of Venezuela. Large tanker, very large, largest one ever seiz ...

Core Insights - Rising healthcare costs are expected to create a financial shock for households in 2026, primarily affecting middle-income families due to higher insurance premiums [3][4]. Group 1: Projected Premium Increases - Premiums are projected to rise sharply in 2026 due to expiring Affordable Care Act (ACA) subsidies, increasing medical costs, and insurer pricing pressures [3]. - The median proposed increase in premiums is estimated to be around 18% to 20%, driven by high-cost specialty drugs, rising hospital and outpatient prices, and broader inflation in wages and staffing [5]. Group 2: Impact of ACA Subsidies - If enhanced ACA subsidies expire at the end of 2025, out-of-pocket premiums for individuals and families could spike significantly, with estimates suggesting an increase of $300 to $600 per month for households earning between $60,000 to $90,000 [5][6]. - Even if Congress extends the current subsidies, they may only mitigate the underlying cost drivers that are pushing premiums higher, such as provider pricing and administrative costs [7].