Health care costs in retirement

Tail risk is a catchphrase that Wall Street likes to use to label a dramatic outlier event that upends the best laid plans. You may confront a medical spending tail risk in your 70s and beyond. Majority of older Americans are enrolled in Medicare but they still face the risk of catastrophic health care expenses.  Many older adults are taking steps to build a financial margin of safety against steep medical expense late in life. Read article here…

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