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Vice president and co-owner,
Petros Estate & Retirement Planning
Michael Macke is Vice President and co-owner of Petros Estate & Retirement Planning, a company headquartered in Jacksonville, Fla., with offices in St. Augustine and Winter Park. Michael has lived in Jacksonville for most of his life, having moved to the area in 1980. He has worked with various local organizations professionally and personally, including Community Hospice of NE Florida, UF Health, and Goodwill Industries of NE Florida and is an active member of the Notre Dame Club of Jacksonville. When he is not working, Michael enjoys spending time with family and friends, playing golf and relaxing at the beach.
At least 10 years before you plan to retire you should start taking a hard look at how much you're spending. Getting a handle on that number (and how to improve it) is key for a secure retirement.
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The latest numbers are sobering: The average couple retiring at 65 will need $275,000 to cover medical expenses through retirement. If you're not confident you're prepared, here's where to start.