Healthcare is one of the biggest and most unpredictable line items to prepare for in retirement. Medicare kicks in when you turn 65 however there is a big gap in what Medicare covers vs. the coverage you’re used to from your employer’s group plan.
As financial planners, our job is to help our clients prepare for the expected but more importantly, the unexpected. This can include anything from losing a job, suffering a sudden, debilitating health event, and even a natural disaster. As Portland financial planner, we are increasingly aware of the potential for a major earthquake.
For this reason, we asked the Red Cross to come in to speak to us about the Cascadia Subduction Zone located off the Oregon coast and their tips regarding preparation for this potentially devastating event.
Warren Buffet’s Berkshire Hathaway announced this week that they plan to acquire Precision Castparts, one of Oregon’s few Fortune 500 companies. The deal is Berkshire Hathaway’s most ambitious yet and at $37.4 billion, further strengthens its portfolio’s position in the industrial sector. The transaction requires approval by a majority of PCC’s outstanding shares and closing is expected to occur during the first quarter of 2016.