UE-EN Institutional

When is Medicare right for me?

Peter Stahl returns to the podcast to discuss planning for retirement with means-testing and taxable income in mind.

Medicare is the closest thing in the U.S. to a single-payer healthcare system, but it comes with trade-offs, including direct implications to a client’s HSA plan, social security and more. When is the right time for your clients to enroll?

Peter Stahl returns to the podcast to discuss planning for retirement with means-testing and taxable income in mind. He helps us break down the Medicare program, explain the pros and cons for enrolling in Medicare when eligible, and emphasize the importance of building sources of tax-free wealth before retirement.

Transcript

Peter Stahl: When I tell advisors, it’s really critical to build some sources of tax-free wealth, I mean it.

Ben Jones: Welcome to Better conversations. Better outcomes. presented by BMO Global Asset Management. I’m Ben Jones.

Emily Larsen: And I’m Emily Larsen. On this show, we explore the world of wealth advising from every angle, providing actionable ideas, designed to improve outcomes for advisors and their clients.

Disclosure: The views expressed here are those of the participants and not those of BMO Global Asset Management, it’s affiliates or subsidiaries.

Ben Jones: A couple of years ago, I had the opportunity to help my mother figure out her retirement health insurance also known as Medicare. Now we did this with the help of a qualified expert, but it turns out that navigating Medicare options is not as straightforward as it seems. Today, we’re going to break Medicare down and learn a thing or two from returning guests, Peter Stahl of Bedrock Business Results.

Emily Larsen: Peter last joined the podcast on Episode 64, to talk about health savings accounts. Today, we’ll actually touch on that topic again, as part of a larger conversation about planning for retirement with means-testing and taxable income in mind. But to begin, let’s start with the basics of Medicare and why it should matter to you and your clients.

Ben Jones: How do you describe Medicare?

More

Subscribe where you listen to podcasts

More podcast episodes

Microphone

When is Medicare right for me?

Peter Stahl returns to the podcast to discuss planning for retirement with means-testing and taxable income in mind.
Responsible Investment
A microbiologist conducts research under the microscope.
48 min listen
November 2020

Preventing the antimicrobial resistance health crisis

Dame Sally Davies and James Anderson join the Sustainability Leaders podcast to discuss the history of antibiotic use on humans, livestock and plants that brought us to our current crisis today.
Responsible Investment
Farmer analyzing crops in a field
20 min listen
November 2020

Achieving sustainability in the food production system

David Sneyd is joined by Jo Raven from the FAIRR Initiative to discuss the progress that is already underway to create a more sustainable food production system, including the rise of alternative, plant-based proteins in the food supply chain.
View more

Notice to Canadian Residents: The information on this podcast series is not intended to be construed as an offer to sell, or a solicitation to buy or sell any products or services of any kind whatsoever including, without limitation, securities or any other financial instruments in Canada.