How to Budget for Health Costs in Retirement

obgyn65

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A few recent posts have asked about budgeting for HC costs in retirement. This recent article may help.

"It's fun to imagine a retirement filled with travel and leisure, and your retirement years could very well start out that way. But later on in retirement, there's an increasing possibility that you will need a significant amount of health care services. You will also need to find a way to pay for them.
Medicare provides near universal health insurance coverage to people age 65 and older, but retirees still face often significant out-of-pocket costs. Here's how to budget for likely health care expenses in retirement...'

How to Budget for Health Costs in Retirement - US News and World Report
 
Always a timely topic on any retirement forum. I'm constantly amazed at the number of folks approaching 65 who mistakenly think Medicare will cover ALL their HC expenses :facepalm: This sadly mistaken view is still so prevalent that even AARP uses it in some of their advertising for MC supplement plans.
 
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