Retirement Planning & Experiences

[Seat0B]

Never really thought too much about the cost. You can either afford the travel or you can't and you may not find out until,,,,

Except most have pre existings by now so needs to be noted and extra coverage. Because Insurance companies will always look for an out.

And you may be unlucky enough to get a condition that cannot be insured, or which requires a period with no incidents or to be in remission or not receiving treatment.

For example, my leukaemia was not insurable until remission, and then only because I have no treatment/medication until it relapses. Brother-in-law has a different type of leukaemia and takes daily medication and struggles to get it insured. We are not old - I’m mid 60s nd he is 72.

So I am a strong supporter of travel as much as you can, while you can s you honestly do not know when a nasty health surprise is around the corner.

And I too have to work out how to manage a growing family overseas as I age out of travelling to see them.

 

[mrsterryn]

And you may be unlucky enough to get a condition that cannot be insured, or which requires a period with no incidents or to be in remission or not receiving treatment.

For example, my leukaemia was not insurable until remission, and then only because I have no treatment/medication until it relapses. Brother-in-law has a different type of leukaemia and takes daily medication and struggles to get it insured. We are not old - I’m mid 60s nd he is 72.

So I am a strong supporter of travel as much as you can, while you can s you honestly do not know when a nasty health surprise is around the corner.

Did the insurance consider monitoring any issue ?

Definitely can relate to the insurance issues

 

[Seat0B]

Did the insurance consider monitoring any issue ?

Definitely can relate to the insurance issues

No all my insurances are happy about routine monitoring (which in my case is blood tests and sometimes scans) - just not if you are taking treatment for cancer - I suspect that they have not kept up with the fact that some cancers (not mine) now take a chemo tablet every day rather than infused chemo

 

[mrsterryn]

No all my insurances are happy about routine monitoring (which in my case is blood tests and sometimes scans) - just not if you are taking treatment for cancer - I suspect that they have not kept up with the fact that some cancers (not mine) now take a chemo tablet every day rather than infused chemo

Husband couldn't get insurance this time round due to further investigation, however hoping the surgery with just monitoring will be fine for next year or we consider him going to UK without travel insurance and we use the agreement. Just a bit concerned about stopovers

 

[Pushka]

Husband couldn't get insurance this time round due to further investigation, however hoping the surgery with just monitoring will be fine for next year or we consider him going to UK without travel insurance and we use the agreement. Just a bit concerned about stopovers

Yes. As soon as you tick 'under investigation or further tests' it's a No. Once it's sorted then it might be fine.

 

[Hvr]

One thing I've not seen mentioned here is preparing your house. I'm wanting to stay in my current residence as long as possible and have done the initial installation of required equipment such as handrails in the bathroom and toilet. And installed a bidet. I also did a lot of preventative maintenance so it should last at least as long as I do.

I'll install handrails for the three external stairs when required. I'm exercising more to be in better shape when I retire.

Next step is to declutter. Also, I'm starting to rotate streaming services to get better value.

And yes I have a financial advisor to advise me on that important part of the next stage of my life.