Mind-Blowing Benefits of Health Savings Accounts

Money Guy Show

Brian Preston, CPA, CFP®, PFS and Bo Hanson, CFA, CFP® | Fee-Only Fiduciary Advisors

Education, Investing, Business

4.7 • 3.1K Ratings

🗓️ 27 April 2018

⏱️ 14 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Should you have a Health Savings Account (HSA)? Fidelity estimates that people 65 years of age till death will require $275,000 to cover medical care costs in retirement. That can leave many of us wondering how to plan and prepare for having that sum of money ready for future healthcare costs. Fortunately, there is a financial tool that may just be the answer for saving toward healthcare costs in retirement. For more details, please visit the show notes on our website: https://www.moneyguy.com/2018/04/mind-blowing-benefits-of-health-savings-accounts/ Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	What is a health savings account?
0:02.0	And should I have one?
0:03.0	It's Brian Preston, the money guy.
0:06.0	Restoring order to your financial chaos.
0:09.0	Retirement.
0:10.0	Investing.
0:11.0	Taxing.
0:12.0	You've got financial questions.
0:13.0	He's got financial answers.
0:15.0	It's Brian Preston, the money guy.
0:18.0	Hey, money guy family.
0:20.0	It's your host, Brian Preston,
0:21.0	and Bo Hansen here to go beyond common sense
0:24.0	and take your finances to the next level.
0:26.0	Check us out, moneyguy.com.
0:28.0	Don't forget about us on YouTube, Facebook, Twitter.
0:31.0	We connect you with you wherever you are.
0:33.0	So, health savings account.
0:35.0	It might be the single most exciting type of account out there.
0:39.0	Is that fair to say?
0:40.0	Here's what I like.
0:42.0	Triple tax advantage and sleeper retirement account.
	...

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