Retirees Need $130,000 Just to Cover Health Care

Steve Medland was quoted by Ben Steverman in his story, Retirees Need $130,000 Just to Cover Health Care, Study Finds. Steverman interviewed Medland about how to deal with high healthcare costs in retirement. According to the article, “By waiting until they’re 70 to take Social Security benefits, retirees reap bigger benefits—76 percent higher than if they had taken them at age 62. No safe investments provide that kind of return these days, said Steven Medland of TABR Capital Management, and ‘those higher benefits last for the rest of the client’s life, even if they live until age 110.'”  Read Steven Medland’s full quote.