Medicare only cover two-thirds of healthcare costs in retirement

According to the study from the Employee Benefit Research Institute, it found to cover premiums and out-of-pocket prescription drug costs from age 65 on, you might need $130,000 if you’re a man, and $146,000 if you’re a woman.  Medicare only covers about two-thirds of the cost of healthcare services for beneficiaries; however, it’s unclear exactly what will happen to some Medicare costs next year, due to uncertainty over how the pandemic will affect various parts of the program. Read article here…

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