Taking Control of Your Financial Future UBS advisor podcasts

Although wealth and income increases overall wellbeing in retirement, studies show that the effect is small. Research suggests that both planning for financial security and preparing for the social and psychological changes that accompany retirement are important for well-being in later life.

A significant share of adults age 65 and older report difficulty paying for various aspects of healthcare, especially those that are not generally covered by Medicare. Research indicates that healthcare inflation will average 5.9% annually for the foreseeable future, more than double our broad-based inflation of 2.4%, meaning it's becoming increasingly important to build healthcare costs into your retirement plan.