Senior Solutions

Retirement Planning and Medical Care

When it comes to home and auto, most people understand the risks and have them covered. However, when it comes to risks associated with long term concerns, such as retirement planning, long term care or estate planning for individuals, they are less prepared. At AW Welt Ambrisco Insurance, we can help you prepare for the future and put a successful plan in place to meet your goals.

Preparing for retirement – we offer resources and solutions to help you transition into your post-career life ranging from retirement planning, medicare and medicare supplement coverage and

Medicare & Medicare Supplement

Medicare is a health benefits program for US citizens or permanent residents who meet certain work history requirements. Most people are automatically enrolled in Medicare Part A and Part B on the first day of the month they turn 65. You can make changes to your Medicare Advantage and Medicare prescription drug coverage when certain events happen in your life, like if your move or you lose other insurance coverages. Unless you qualify for a Special Enrollment Period (SEP) then changes to your plan can only be made during the Annual Election Period (October 15 – December 7)

Retirement Planning

Unlike Retirement Planning, Retirement Income Planning is all about the practical considerations and the risks actually faced in retirement. Things like, “Am I ready to retire?” “When should I take Social Security?” “What are my health insurance and/or Medicare options?” “What is the optimal way to retire?” “Do I have a plan for long term health care-and a way to finance it?” And, “What about leaving a legacy?”

If you ask 50 financial advisors, “How should I retire?” you’ll probably get 50 different opinions. But it’s important to base your retirement not on opinions but on mathematical, scientific and economic research by some of the most renowned economists and researchers in the world. Now there is an easy to use tool called “Ready 2 Retire” that can help you begin to address the optimal way to have a successful and happy retirement. It’s free. Try it today!

AW Welt Ambrisco Insurance, Inc. has locations in Iowa City, Muscatine, Iowa Falls, and Kalona and covers areas including Coralville, North Liberty and Cedar Rapids.