04/09/2013 (press release: noceti1949) // Walnut Creek, CA, USA // George M. Noceti, CRPS (r)

An educational workshop titled “Managing Health Care Expenses in Retirement: What Baby Boomers Need to Know About Medicare and Long-Term Care” has been scheduled for Wednesday, April 24nd, 2013, 7:00PM – 8:30PM, at the Lafayette Community Center, 500 St. Mary’s Road, Lafayette, CA. You may register by calling (925) 284-2232.

According to Bankers Life and Casualty Company, fifty-seven percent of baby boomers said they had a “poor understanding” (31%) or know “almost nothing” (26%) about Medicare, according to a recent survey by Bankers Trust. Three-quarters of boomers (72%) did not know that most Americans on Medicare pay premiums, copays, and deductibles. One in seven thought Medicare was free. Only 14% knew that Medicare does not cover long-term care.1

A health care crisis is looming in this country, and it is essential for baby boomers to understand what they need to do to prepare for it financially.

This educational workshop will cover the following:

• How Medicare enrollment periods work — and what you need to do to avoid late-enrollment penalties

• How much you can expect to pay in health care costs after going onto Medicare

• How Medicare works with private insurance to provide comprehensive coverage

• Why most people pay too much for private insurance and how you can avoid excess costs

• Why you must plan for higher health care costs in retirement — including the possibility of needing long-term care

This workshop is purely educational. No specific insurance or investment products will be discussed.

Seating is limited and reservations are recommended. Individuals may reserve space by calling the Lafayette Community center at 925-284-2232. The address is 500 St. Mary’s Road, Lafayette, CA.

George can be followed on twitter at Follow me on Twitter: @GNocetiMSSB and connect with him at Connect LinkedIn: George M. Noceti, CRPS® .

1. “Retirement Healthcare for Middle-Income Americans.” Bankers Life and Casualty Company Center for a Secure Retirement. January 2012

Morgan Stanley Wealth Management, a global leader, provides access to a wide range of products and services to individuals, businesses and institutions, including brokerage and investment advisory services, financial and wealth planning, banking and lending, cash management, annuities and insurance, retirement and trust services. For more information, call 925-746-2982. Wealth Advisor George M. Noceti’s web address is www.ms.com/fa/theintegragroup.


Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services. The Firm’s employees serve clients worldwide including corporations, governments, institutions and individuals from more than 1,200 offices in 43 countries. For further information about Morgan Stanley, please visit www.morganstanley.com.

Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors do not provide tax or legal advice.


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