This week we’re sharing summer healthcare tips that could save you money, retirement and savings guidance for millennials, and ways to avoid – and even plan for – unexpected expenses. Here’s what you need to know:

• According to Forbes, most Americans spend more than $9,000 a year on their healthcare needs. That’s why the mid-year mark is a good time to re-evaluate your healthcare coverage to make sure you are getting the most bang for your buck. One summer healthcare tip that could save you money includes taking a look at your health coverage and forecasting prescription medication expenses based on your plan. Another tip is to check your flexible spending account (FSA) because often times you can use it in unexpected ways.
• Even though retirement may be decades away for many millennials, if action isn’t taken soon, it could affect retirement in a big way. According to Greg Ostrowski of US News and World Report, millennials face long-term impact of student loan debt, low wages and poor benefits packages. Some solutions for these problems include putting away $20-$50 per month, adjusting living standards, and keeping your mind sharp by holding a job longer.
• According to Kathleen Elkins of Business Insider, no matter how much you budget and plan, there will always be unexpected expenses, such as wedding gifts, parking tickets or an emergency flight home. In the article she references Ramit Sethi’s personal finance book, I Will Teach You To Be Rich. Sethi suggests creating a spending plan, as it may help lessen the shock of disruptive expenses on your budget.