Craig Toberman shares his thoughts with Bruce Horovitz on the biggest expenses retirees will have in the article “10 Biggest Expenses in Retirement” at AARP.org
"The more retirees spend on fitness and wellness, the less they spend on medical costs, says Toberman. He recommends that retirees allocate up to 10 percent of their total monthly spending for health and wellness, which he says can include anything from personal trainers to nutritional supplements to home exercise equipment. “It’s not hard to spend $500 per month on this, and there are a lot worse ways to spend money,” he says. "
If you are interested in discussing more about retirement planning with Craig Toberman please book a call with him.
Craig Toberman is the Founder of Toberman Wealth – a fee-only, fiduciary financial advisor based in St. Louis. He assists families and businesses with strategic financial planning and long-term wealth management. He has over a decade of experience in financial services and has crafted custom financial plans for hundreds of families and businesses.
Craig received a Bachelor of Science (B.S.) degree in Agricultural and Consumer Economics from the University of Illinois and a Master of Business Administration (M.B.A.) degree in Finance from Saint Louis University. He is a Certified Financial Planner (CFP), Chartered Financial Analyst (CFA) charterholder, and Certified Public Accountant (CPA).
Craig is a member of the National Association of Personal Financial Advisors (NAPFA), Fee-Only Network, and XY Planning Network.
Craig lives in the greater St. Louis area with his wife, Ally and son, Hank.