Bailey Wealth Advisors

10/26/2026

How many years before you are ready to be “retired?”

Its one of the most important numbers yet.

TIAA's 2026 longevity literacy research found that workers who expect a shorter retirement save less consistently than those who expect a longer one.

That makes sense, but it also means the people who assume their retirement will be short are the same ones who may be building portfolios with shorter time horizons.

Once someone has already reached 65, the numbers shift.

According to Social Security Administration data:

📌 A 65-year-old man has roughly a 24 percent chance of living past 90

📌 A 65-year-old woman's chances are higher, closer to 35 percent

📌 For a 65-year-old married couple, there is about a 50 percent chance that at least one spouse lives past 90

The practical implication is not "assume you will live to 100."

It’s that a retirement income strategy built around the “average lifespan” often assumes a person will die on schedule. Most people do not.

If retirement is on your horizon, the question to ask is, "What happens to my income strategy if I live to 95?" Start planning today, contact a BWA advisor today at [email protected]

10/23/2026

As health care expenses continue to climb, faster than wages and inflation, many American families struggle to afford necessary medical care. But tools are available to help ease the financial burden. HSAs and FSAs might help your household.

How HSAs and FSAs might help your household.

10/21/2026

Healthcare inflation is outpacing regular inflation,* putting more pressure on retirement savings. Are you financially prepared?

A combination of annuities and long-term care insurance can play a crucial role in covering inflated costs. Let's craft a plan tailored to you. Contact me today to get started.



*Medical inflation: Drivers and patterns, February 2, 2023

Without a solid approach, healthcare expenses may add up quickly and potentially alter your spending.

10/19/2026

Tip of the Week

10/19/2026

Trust & Will's 2026 Estate Planning Report found that 56 percent of adults don't have core documents in place, including:

📝 A will: who gets what, and who is in charge of making it happen

🏥 A healthcare directive (or living will): what you want if you cannot speak for yourself

✍️ Two powers of attorney, one for medical decisions and one for financial decisions, each naming a specific person

📄 A letter of instruction: the practical map to where accounts live, who your professionals are, and what your kids or pets need

The friction is that estate work forces a family to sit with mortality, name specific people for specific roles, and make decisions that feel too permanent to rush.

Without something in writing, though, families are left improvising during one of the most difficult moments of their lives.

Most say they fully intend to get to it, but too many put it off until it's too late.

Don't put it off. Talk to a financial professional who can help.

10/16/2026

Medicare supplemental insurance costs are rising, with many consumers seeing noticeable increases in recent months.

Some policyholders experienced significant jumps — including reports of increases as high as 45% for certain plans, while more typical adjustments are now landing in the double digits.

These policies help cover out-of-pocket costs not included in traditional Medicare, such as deductibles and copayments. Without supplemental coverage, there is generally no cap on annual healthcare expenses.

A range of factors are contributing to higher premiums, including increased use of medical services, rising healthcare costs, and demographic shifts.

At the same time, options for switching plans can be limited by timing, location, and health status, making it more challenging for some individuals to adjust coverage.

These trends highlight how healthcare costs and coverage choices can evolve over time, especially for those approaching or already in retirement. Contact a BWA advisor today at [email protected].


Source:

Millions of people rely on the supplemental insurance to offset the deductibles, copayments, and other costs faced by enrollees in the traditional Medicare program.

10/14/2026

The A, B, C & D of Medicare 🏥💊

Medicare can feel complicated—but understanding the basics can help you feel more prepared for future health care decisions.

From Original Medicare (Parts A & B) to Medicare Advantage (Part C) and prescription drug coverage (Part D), each part plays a different role in your coverage, costs, and care.

Whether you’re approaching 65 or planning decades ahead, now is a good time to understand your options.

📖 Read the full article: https://www.baileywealthadvisors.com/resource-center/insurance/the-a-b-c-d-of-medicare

10/12/2026

Have questions about Medicare, contact a BWA advisor today at [email protected]

https://www.baileywealthadvisors.com/resource-center/insurance/the-basics-of-medicare

10/10/2026

⚠️ Money is one of the most consistently cited sources of stress in America.

For caregivers, that weight often increases! 😮

Having a clearer picture of where things stand can help ease some of the uncertainty that makes financial stress feel heaviest in the first place.

There's no clean solution to money stress.

Most of it is caused by the unknown. The uncertainty.

World Mental Health Day recognizes just how deeply finances can impact our well-being (and vice versa).

If financial stress has been sitting in the background of your life this year, a conversation with a professional can go a long way, be it a mental health professional or a financial professional. Pursuing comfort, understanding, and compassion is a team sport.

10/09/2026

Breast Cancer Awareness Month is an opportunity to prioritize health.

Early detection through regular screenings is one of the most effective tools we have in the fight against breast cancer.

Here are a few small things we can do this October:

✅ Schedule your annual screening if you haven't yet

✅ Educate yourself and others on risk factors and preventative lifestyle habits

✅ Support research and organizations dedicated to advancing breast cancer prevention and care

Taking charge of your health today makes all the difference for tomorrow. 🎗️

Health-care coverage (including Medicare) typically does not cover extended medical care.

It's important to make sure your retirement strategy anticipates health-care expenses.