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Medicare has a provision of Lifetime Reserve Days. Medicare recipients have a total of 60 of these days available to be used only once in the recipientsâ lifetime. The Medicare entitlement for in-patient care is limited to 90 days per benefit period. At the end of this period the must leave the hospital.
Thereâs a common formula (and many variations) out there to find your target asset allocation for retirement savings: 100 â Age = Percentage of stocks. So if youâre 20, you would invest 80 percent in stocks and 20 percent in bonds. If youâre 60, you would invest 40 percent in stocks and 60 percent in bonds.This formula is an oversimplification, but I like it because it gives you the idea of how your asset allocation should change as you age.Some young, aggressive investors will want to invest in 90 or even 100 percent stocks whereas many conservative investors will never own 70 percent stocks at age 30, and thatâs OK.hereâs a common formula (and many variations) out there to find your target asset allocation for retirement savings: 100 â Age = Percentage of stocks. So if youâre 20, you would invest 80 percent in stocks and 20 percent in bonds. If youâre 60, you would invest 40 percent in stocks and 60 percent in bonds.