In this episode of the Smart Wealth & Retirement Podcast, financial advisor and retirement planner Casey Bibb of Martin Wealth Solutions is joined by special guest Theresa Martin to discuss one of the most underestimated parts of retirement planning — healthcare costs.

Together, they unpack what retirees often overlook when it comes to planning for rising medical expenses. Casey and Theresa dive into the differences between Medicare Parts A, B, C, and D, the gaps that can catch retirees off guard, and how to prepare for both routine and unexpected healthcare needs. They also explore long-term care options, the benefits of HSAs, and how proactive planning can help protect your nest egg from medical surprises.

If you’ve ever wondered how much to budget for healthcare in retirement — or how to make sure your plan covers more than just the basics — this conversation offers practical insight and clarity.

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Timestamps:

00:00 Introduction & Episode Setup

00:35 Meet the Hosts — Casey & Special Guest Theresa Martin

01:20 Why Healthcare Costs Matter in Retirement

03:05 Medicare Basics: Parts A, B, C & D

05:10 Coverage Gaps & Supplemental Options

07:05 Long-Term Care: What to Know & When It Makes Sense

09:00 HSAs & Tax Angles Before/After 65

10:35 Building a Healthcare Budget Inside Your Plan

12:20 Real-Life Example & Lessons Learned

14:10 Action Steps & Common Pitfalls to Avoid

15:30 Final Takeaways & Where to Get Help

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