Agree 100%! The best part of a traditional Medicare with a supplemental insurance is: you don't need the prior authorization from insurance company when you need medical care such as surgeries, testing, rehab etc. and you have nationwide access to the providers who accepting Medicare. Your health care needs are not dictated by the insurance company.
I have been almost 100% in stocks (VTSAX) 27 years and am in my mid 60s. I keep about 5 years in cash position--mostly in T-bills and some in checking account. It has been working well over the years. You need to have high risk tolerance and stay the course when market's not doing well. I will continue this way through my life.
Comments
Agree 100%! The best part of a traditional Medicare with a supplemental insurance is: you don't need the prior authorization from insurance company when you need medical care such as surgeries, testing, rehab etc. and you have nationwide access to the providers who accepting Medicare. Your health care needs are not dictated by the insurance company.
Post: Which is better, traditional Medicare or Medicare Advantage?
Link to comment from June 22, 2024
keep it simple and stay the course
Post: How would you summarize your financial philosophy in one sentence?
Link to comment from June 22, 2024
I am in health care field over 30 years. Traditional Medicare with a supplemental plan are the BEST!
Post: Which is better, traditional Medicare or Medicare Advantage?
Link to comment from June 22, 2024
VTSAX--Vanguard total stock market index fund.
Post: If you could buy just three funds or less, what would they be?
Link to comment from June 22, 2024
I have been almost 100% in stocks (VTSAX) 27 years and am in my mid 60s. I keep about 5 years in cash position--mostly in T-bills and some in checking account. It has been working well over the years. You need to have high risk tolerance and stay the course when market's not doing well. I will continue this way through my life.
Post: Is a 100% stock portfolio reckless?
Link to comment from June 22, 2024