3. Plan now for the health care costs Medicare won’t cover

Being prepared for medical costs is also one of the best tricks to build wealth. Sure, you’re hoping that your golden years are healthy, vibrant, and active and that you’ll be able to function as in your 30s.

But don’t bet on it. According to the latest reports, 7 in 10 Americans who turn 65 today will probably need some type of long-term care. You’re probably wondering, “Won’t Medicare take care of all that?” Sorry to break it to you, but the answer is “no.”.

Medicare doesn’t cover long-term custodial care, which means you’ll have to pay for it out of your pocket. That, plus inflation, could break your nest egg.

But you can prevent this from happening. A great option would be to sign up for GoldenCare, which provides long-term care coverage for most people.

This being said, planning now for a secure tomorrow is one of the best tricks to build wealth and ensure your health care costs are covered.