Managing Health Care Expenses in Retirement-What Baby Boomers Need to Know About Medicare and Long-Term Care

Fifty-seven percent of baby boomers said they had a "poor understanding" (31%) or know "almost nothing" (26%) about Medicare, according to a recent survey by Bankers Trust. Three-quarters of boomers (72%) did not know that most Americans on Medicare pay premiums, copays, and deductibles. One in seven thought Medicare was free. Only 14% knew that Medicare does not cover long-term care.

A health care crisis is looming in this country, and it is essential for baby boomers to understand what they need to do to prepare for it financially.

This educational workshop will cover the following:
*How Medicare enrollment periods work - and what you need to do to avoid late-enrollment penalties
*How much you can expect to pay in health care costs after going onto Medicare
*How Medicare works with private insurance to provide comprehensive coverage
*Why most people pay too much for private insurance and how you can avoid excess costs
*Why you must plan for higher health care costs in retirement - including the possibility of needing long-term care

This seminar addresses the complexities of Medicare and makes it understandable. Come prepared to take a lot of notes! Our instructor, George M. Noceti, CRPS®, Wealth Advisor at Morgan Stanley is the Senior Partner with the Integra Group at Morgan Stanley and is the recent recipient of the UC Berkeley Personal Financial Planning award for teaching. Co-presenting will be Paul Noceti, Financial Advisor with The Integra Group at Morgan Stanley.

Fee: $15/person or $25/couple

To reserve call: 925-283-6513 x103 or email: reserve@LLLCF.org