Social Security and Medicare Insolvency: What You Need to Know and Why Action is Urgent
According to the Annual Trustees Report released in May, Social Security will be insolvent by 2035 and Medicare by 2036. These looming deadlines should be a significant concern not just for financial and insurance professionals, but for every American citizen. With over 100 million people relying on these programs, the urgency to address their future […]
Rising Healthcare Costs in 2024: What Families Need to Know and How Grandparents Can Help
Every May since 2005, Milliman, an actuarial firm, has released the Milliman Medical Index, a comprehensive report that tracks healthcare costs for American families and individuals. This year’s report reveals that the cost of healthcare for a family of four in 2024 is a staggering $32,066, while for an individual, it stands at $7,151. Additionally, […]
