Welcome to Novem Nexus: Navigating Your Financial Narrative, where we explore the various topics of finance, the stories, strategies, and psychology behind our financial decisions with host Greg Wagner as we dive into the intersection between finance and the human experience.
The financial landscape is saturated with advice and rules, Novem Nexus aims to stand out by focusing on the underlying motivations, beliefs, and emotions that drive our financial behavior. We explore not only the ‘what’ and ‘how’ of finance but, more importantly, the ‘why.’ At Novem Group, we believe that finance is not just about numbers and equations; it’s about real people with real emotions. That’s what this podcast is all about: understanding the reasons behind our financial decisions and uncovering the narratives that shape our financial lives.
Novem Nexus is more than just a podcast. Connect with us on social media, share your experiences, and join the conversation. Together, let’s navigate our financial narratives with confidence. Welcome to Novem Nexus: Navigating Your Financial Narrative.
In Episode 1 of Season 2, “The Intersection of Health and Wealth: Financial Planning for Healthcare Costs,” we explore the crucial role that healthcare costs play in financial planning, especially in retirement. We discuss how rising medical expenses and the limitations of Medicare create significant challenges for retirees and how these factors must be accounted for in a comprehensive financial plan.
In the first segment, we focus on the increasing cost of healthcare, its impact on retirement savings, and strategies for managing out-of-pocket expenses. In the second segment, we discuss tools like Health Savings Accounts (HSAs), long-term care insurance, and self-insurance as methods to prepare for healthcare costs effectively.
The final segment integrates healthcare planning into broader investment strategies, highlighting how adjusting risk tolerance and diversifying investments can support long-term medical needs. We provide actionable insights for listeners looking to incorporate healthcare planning into their financial strategies.
Greg Wagner is a Registered Representative with Osaic Wealth, Inc., Member: FINRA, SIPC, and an Investment Adviser Representative with Novem Group, an SEC-Registered Investment Adviser firm. Osaic Wealth is separately owned and other entities and/or marketing names, products, or services referenced here are independent of Osaic Wealth. All opinions expressed by Greg Wagner or any guests are solely their own and do not reflect the views of Novem Group or Osaic Wealth, Inc. This podcast is for informational purposes only, and does not constitute tax, investment, or other financial advice, and is not endorsement of any securities discussed, and listeners should not rely on it for their financial decisions.
Check it out on YouTube, Spotify, ApplePodcasts, or your favorite podcasting platform!
https://podcasts.apple.com/us/podcast/health-and-wealth-financial-planning-for-healthcare-costs/id1754757651?i=1000677465696