In this newsletter:

• Flexing your financial fitness
• Finding the right extended care

• Defining skilled care
• Tell us what you think

Go for the gold:

Financial fitness in retirement

Attaining financial freedom for retirement is a marathon, not a sprint. But it can be hard to know which paths to take and when. If you follow these routes, you’ll be well prepared and financially fit during retirement.

As you build your nest egg, it can be tempting to delay paying down medical debt. But medical bills, just like any debt, can cause issues when you stretch payments. Check out these four ways to start paying off your medical debt to better secure your financial well-being in retirement.

Given the complexity of your finances as an older adult, you may choose to find a financial advisor to help you prepare for retirement. But knowing how to find a financial advisor is important, and it can determine what kind of retirement you’ll have.

You’re probably prepared for different financial scenarios when you retire, but don’t forget health care and insurance. Health care is typically one of the largest expenses for retirees, and supplemental insurance can help fill gaps that Medicare doesn’t cover.

Having your affairs in order is one of the most important — and often overlooked — steps of retirement financial planning. With advance funeral planning, you’re not just preplanning your wishes, you’re also prefunding them so you can leave a positive legacy behind for your loved ones — not a bill.

Short-term Care insurance

Prepare today for a better tomorrow

Seven out of 10 people over the age of 65 will need extended care at some point in their lives, and the costs of home or facility care can add up fast. Now available in 24 states, Wellabe’s Short-term Care insurance can help you keep your assets and retirement savings well protected if something unexpected happens. 

Related articles

What is Short-term Care insurance vs. Long-term Care insurance?

Short-term Care insurance and Long-term Care insurance are both types of health insurance for extended care services. But understanding the differences between the two can help you create a care plan that makes sure your finances are well protected.

5 health tips for retirees

When you retire, your normal routine is immediately disrupted. That can make it hard to maintain healthy habits and enjoy your retired years. Follow these five tips to help you be well and live your most healthy life during retirement.

Why it's important to check your hearing regularly

Hearing impacts many aspects of your life, including your speech, relationships, work performance, and mental health. And with hearing loss on the rise in the United States, you should consider getting yearly hearing check-ups.

Glossary term

Skilled care

This care includes direct, management, observation, and evaluation services provided by a medical professional, including nursing and rehabilitative care, such as physical, occupational, or speech therapy. 

Aural rehabilitation is one example of skilled care. With over 44 million U.S. adults living with hearing loss, aural rehabilitation methods teach those with hearing loss to use technology and strategies to live easier and communicate better, so they can take back their lives.

Helpful resources

Ultimate estate planning guide

Best foods for seniors shopping list

How to plan a funeral checklist

Introducing Wellabe's

first influencer:

Abe Goldstien

Abe Goldstien has been a Wellabe customer for nearly seven years, but the first time he contacted the company was a few months ago, seeking some swag. Now he’s Wellabe's first influencer and will help educate fellow older adults on how to be well protected and well prepared in retirement.

Wellabe video wins Telly award

Wellabe’s brand video received a silver Telly Award, the world’s largest honor for video and television across all screens. The video was created to introduce the company’s new identity in June 2023.

Explore and learn more

Wellabe offers life and supplemental health insurance plans to help you prepare for good days and bad. We'll always be here to empower you to be well – well prepared, well protected, and well loved. If you’d like to speak to an agent to learn more, call 866-739-8143.