-
▼
-
▼
Should you have a Health Savings Account (HSA)? Fidelity estimates that people 65 years of age till death will require $275,000 to cover medical care costs in retirement. That can leave many of us wondering how to plan and prepare for having that sum of money ready for future healthcare costs. Fortunately, there is a financial tool that may just be the answer for saving toward healthcare costs in retirement.
Tune in to this week’s mini-episode of The Money Guy Show to find out:
- What is a Health Savings Account (HSA) and how is it different from say a Flexible Spending Account (FSA)
- Who qualifies for opening an HSA
- The three biggest ways an HSA helps you save on taxes – think Triple Tax Advantage!
- What the contribution limits are for 2018
- Why it’s such an efficient sleeper retirement account
- How to select an HSA provider
- Considerations for determining whether or not an HSA is right for you
Enjoy the Show?
Where You Can Watch and Listen:
Subscribe on these platforms or wherever you listen to podcasts! Turn on notifications to keep up with our new content, including:
- Episodes of The Money Guy Show every Friday
- Episodes of Making a Millionaire every other Monday
- Mini-shows every Wednesday
- Ask Money Guy Livestreams every Tuesday
- Tons of other fun content!
Free Resources
Free Resources
Financial Order of Operations®: Maximize Your Army of Dollar Bills!
Here are the 9 steps you’ve been waiting for Building wealth is simple when you know what to do and the order in which to...
Free Resources
Wealth Multiplier By Age
If you want to set yourself up for future success, find out how much you need to save every month to become a millionaire.
Free Resources
Car Buying Checklist
Here’s how you can buy a dependable car that won’t break the bank. Our free checklist walks you through the 20/3/8 rule and strategies to...
Articles
Articles
How Much Do You Need To Retire With an Average Income?
It’s easy to become discouraged if you have an average or below average income. Saving for retirement is normally more difficult with a lower income;...
Articles
Should You Be Spending More in Retirement?
It’s difficult to overstate the risk of spending too much in retirement (or saving too little for retirement). Running out of money means moving in...
Articles
How To Use a Roth Conversion Strategy in Retirement
Do you have a substantial amount of assets in pre-tax retirement accounts like a traditional IRA or 401(k)? If so, it could make sense to...
Financial FAQs
Courses & Tools
How about more sense and more money?
Check for blindspots and shift into the financial fast-lane. Join a community of like minded Financial Mutants as we accelerate our wealth building process and have fun while doing it.
Free Resources
Financial Order of Operations®: Maximize Your Army of Dollar Bills!
Here are the 9 steps you’ve been waiting for Building wealth is simple when you know what to do and the order in which to...
Free Resources
Wealth Multiplier By Age
If you want to set yourself up for future success, find out how much you need to save every month to become a millionaire.
Free Resources
Car Buying Checklist
Here’s how you can buy a dependable car that won’t break the bank. Our free checklist walks you through the 20/3/8 rule and strategies to...
Recent Episodes
It's like finding some change in the couch cushions.
Watch or listen every week to learn and apply financial strategies to grow your wealth and live your best life.
Episodes
The No BS Guide to Conquering Your 20s
Your 20s are your most powerful wealth-building decade, and we are ready to give you our real take so you can level up. In this...
Episodes
We Changed The 4% Rule!?
Retirement planning isn't as simple as following the classic 4% rule anymore. In this Live Q&A, we explain why the traditional retirement withdrawal strategy deserves...
Episodes
Is Aggressive Saving Derailing Their Short Term Goals?
High earners in their mid-twenties, cash poor, and a wedding 12 months away. In this episode of Making a Millionaire, we show Joey and Leah...