Retirement Planning for Seniors and Caregivers: Social Security, Medicare, and Income Strategies - EP 203

In this episode, host Diane Carbo, RN, is joined by Jeff Panik, a Certified Financial Planner (CFP) with over 25 years of experience and author of the new book, Your Future Is Now: Your Blueprint for Solving Your Retirement Puzzle. Jeff walks us through the high-stakes decisions people face as they approach retirement and shares practical, step-by-step strategies to build a financial plan that works for your unique life.https://www.caregiverrelief.com/retirement-planning-for-seniors-and-caregivers-social-security-medicare-and-income-strategies-with-jeff-panik-episode-203In this episode, we discuss:The Financial Life Inventory: Why you need 6 to 12 months to properly organize your finances before retiring.Social Security Pitfalls: The costly mistakes couples make when claiming benefits too early.The Medicare Transition: Why Medicare isn't always better than private employer insurance, and the reality of rising out-of-pocket costs.Tackling Debt: How medical debt and unexpected student loans (like Parent PLUS loans) derail retirement security.Protecting Seniors from Fraud: Practical ways to shield yourself and your loved ones from highly sophisticated financial scams.Connect with our guest: Learn more about Jeff Panik, read his educational articles, or find his book at jeffreypanik.com or Balance Wealth Partners.