Thinking about retirement

Thinking about retirement

Thinking about retirement? There are some things you should consider

When you are thinking about retirement, in addition to planning your finances, you should also determine the lifestyle your new finances will allow you to afford and how you will spend your time. Consider the following when planning your retirement:

  • Monthly income
  • Current and future expenses, and any debts
  • Travel
  • Caring for loved ones
  • Your health
  • Your life expectancy
  • Final arrangements

How much health coverage do you need?

As a retiree, you will need to make sure that you are sufficiently covered in case you’re diagnosed with a serious illness, need hospitalization or simply need to manage your health care expenses. Blue Cross has plans that can cover your most basic health insurance needs to your most complex. Whether you are shopping for simple hospital coverage or want to plan your potential needs, we have a solution for you.

Top five reasons for in-patient hospitalization from 2012 to 2013

The Canadian Institute for Health Information released the top five reasons for in-patient hospitalization from 2012 to 2013:

  • Giving birth
  • Respiratory disease
  • Heart attack
  • Pneumonia
  • Heart failure

With a health insurance plan from Blue Cross, you can protect your health and your finances. If unexpected medical costs arise, you can rest assured that you are well protected for medical costs that are not covered under OHIP.