More ways to lower the cost of medical care in retirement
One of the most reported expenses in retirement is the cost of healthcare. Fidelity says a 65-year-old retiring this year can expect to spend an average of $185,500 on health expenses through retirement. However, according to the actuarial and consulting firm Milliman, your out-of-pocket health costs could be dramatically higher or lower depending on when you retire. Richard Eisenberg, writing for Market Watch, outlines the ideal retirement strategy if you want to keep your healthcare costs down. Read Mr. Eisenberg’s article here…
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